June 18 2022 🕓 2 min
China has significantly reduced exports of gasoline
According to Chinese customs data, May gasoline exports fell by 45.5%. This is a year-on-year drop of almost 93%.
Tag: china
June 10 2022 🕓 2 min
Oil prices development backed by easing restrictions in China
Oil is technically in an uptrend from April and data from China could support staying in it for some time.
May 23 2022 🕓 4 min
The crypto mining ban in China is just a bad joke
China is not the only country that has tried to ban mining and the use of crypto, but it seems that cryptocurrencies simply always find their way.
May 22 2022 🕓 2 min
Apple wants to increase production outside China
The reason is the risk of further measures against the Covid pandemic, but also a possible problem between China and the US.
May 21 2022 🕓 2 min
Technical analysis of crude oil – what has happened?
The influence of fundamentals on crude oil cause high volatility in the markets and left several areas as subjects of interest.
May 20 2022 🕓 2 min
The US economy may grow more than China’s this year
China's economy is expected to grow by only 2% this year, while the US gross domestic product is expected to grow by 2.8% this year.
May 13 2022 🕓 3 min
Turbulent week on commodity markets
Precious metals reacted to higher than expected inflation data. Crude oil affected by EU ban and Covid situation in China.
April 18 2022 🕓 2 min
The problem is moving from Shanghai further into China
China's virus restrictions are spreading from Shanghai to other parts of the country, limiting metal supply chains and reducing demand.
April 15 2022 🕓 2 min
China will cut reserve requirements for banks
China will for the first time this year reduce the amount of cash banks must hold as reserves to cushion a sharp slowdown in economic growth.
April 2 2022 🕓 2 min
China and the US on the same wavelength?
Chinese authorities are preparing to grant U.S. regulators full access to the audit reports of most of the more than 200 companies.
March 29 2022 🕓 2 min
Another notch in the global supply chain
The anti-pandemic closure of Shanghai will have a negative impact on freight transport and increase its costs.
March 28 2022 🕓 2 min
Covid fears sent crude oil down
Due to the significant Covid spread in Shanghai, fears from possible oil demand disruption sent crude oil to red numbers.