The Entire Push To Halt New Natural Gas Exports Traces Back To One Ivy League Prof And His Shaky Study
A questionable study by a Cornell University climate scientist gave climate activists and the media ammunition to wage a pressure campaign against the Biden administration to take action against liquefied natural gas (LNG)…
Shrinking U.S. exports likely to build oil stocks at Cushing storage hub
By Laila Kearney and Stephanie Kelly NEW YORK – The shrinking discount of U.S. crude to Brent and rising Canadian oil imports this month will send more barrels to the top U.S.…
EU wheat eases with Chicago as Ukraine, exports assessed
PARIS – Euronext wheat prices fell on Wednesday in step with Chicago futures as progress in resuming maritime grain exports from war-torn Ukraine offset support from brisk international demand, traders said. December…
Thai exports seen up 6% to 8% this year – shippers
BANGKOK – Thailand’s exports are expected to rise between 6% to 8% this year, compared with a previous forecast for a 5% to 8% increase, helped by a weak baht and increased…
S.Korean exports retain single-digit growth in July; inflation at 24-yr high – Reuters poll
By Jihoon Lee SEOUL – South Korean export growth rate likely rebounded in July, but remained in the single-digit level, a Reuters poll showed on Thursday, while consumer inflation is seen accelerating…
Thai exports beat forecast in June on high global demand, weak baht
BANGKOK – Thailand’s customs-based exports rose by a more than expected 11.9% in June from a year earlier, helped by increased global demand as well as a weak baht, the commerce minister…
Taiwan Q2 GDP to gain from chip exports, but face COVID headwinds – Reuters poll
TAIPEI – Taiwan’s trade-reliant economy is expected to have expanded on the back of strong global demand for computer chips, though COVID-19 lockdowns in top export market China and a surge in…
Russia Throttles Gas Flows To Europe As Exports To China Hit Record Highs
Russia Throttles Gas Flows To Europe As Exports To China Hit Record Highs Jack McEvoy on July 25, 2022 Russian state-owned energy company Gazprom is cutting gas flows to Europe while stepping…
Erdogan wants Ukraine grain sea exports deal in writing this week
By Tuvan Gumrukcu and Michelle Nichols ANKARA/NEW YORK – Turkish President Tayyip Erdogan on Wednesday said he wants a general agreement reached between Ukraine, Russia, Turkey and the United Nations on a…
Explainer: Can U.S. port infrastructure handle more crude exports?
By Stephanie Kelly NEW YORK – U.S. crude shippers are exporting huge amounts of oil to meet strong demand from Europe following Russia’s invasion of Ukraine and subsequent sanctions against Moscow. In…
China’s June exports rise 17.9% y/y, imports grow 1.0%
BEIJING – China’s exports rose 17.9% in June from a year ago, beating analysts’ expectations as the economy tries to wrestle back lost momentum from extensive COVID lockdowns and supply chain snags,…
Indonesia June trade surplus seen widening after palm oil exports resume – Reuters poll
JAKARTA – Indonesia’s trade surplus likely widened to $3.52 billion last month, boosted by the lifting of a three-week palm oil export ban, according to economists polled by Reuters, although some still…
Taiwan June exports soar, outlook good ahead of peak season
TAIPEI – Taiwan’s exports rose in June on sustained demand for technology products even as shipments to China weakened, and the government said the outlook was good as companies ramp up for…
U.S. trade deficit narrows in May; exports hit record high
WASHINGTON – The U.S. trade deficit narrowed in May as slowing domestic demand amid rising interest rates curbed imports, which could see trade contributing to economic growth in the second quarter after…
Congo administrator orders China’s CMOC to stop exports from Tenke cobalt mine
By Aaron Ross (Reuters) – A temporary administrator appointed by a Congolese court to run the world’s second-largest cobalt mine ordered majority Chinese owner CMOC to suspend marketing and export of its…
Taiwan June exports seen rising faster as supply chains woes ease – Reuters poll
TAIPEI – Taiwan’s exports likely rose for the 24th straight month in June and at a faster clip than in May, thanks to easing supply chain woes and stronger technology demand, a…
S.Korea’s slowest exports growth in 19 months adds to global recession fears
By Cynthia Kim and Jihoon Lee SEOUL -South Korea’s June exports grew at their slowest pace in over 1-1/2 years as soaring inflation saps offshore demand for Korean goods, widening the trade…
Chip exports to Russia plunged by 90% after curbs-U.S. official
WASHINGTON – Global exports of semiconductors to Russia have plummeted by 90% since the United States and allies slapped export controls on Moscow over its invasion of Ukraine, U.S. Commerce Secretary Gina…
U.S. refiners to urge White House not to ban fuel exports -sources
By Jarrett Renshaw and Laura Sanicola (Reuters) – U.S. refiners will try to convince the Biden administration not to ban exports of U.S. fuel to combat record gas prices during a meeting…
Russia needs economic ‘perestroika’ to end reliance on energy exports – cenbank chief
LONDON – Russia must reduce its decades-old reliance on exports of raw materials and stimulate private enterprise to avoid slipping back towards a Soviet-style technological lag with the West, the governor of…
Despite Four Months Of Sanctions, Russian Energy Exports Are Still Booming
Despite Four Months Of Sanctions, Russian Energy Exports Are Still Booming Thomas Catenacci on June 14, 2022 Russian energy producers have raked in nearly $100 billion in export revenue since the beginning…
S.Korea June 1-10 exports shrink 12.7%, trade deficit at $6 billion
SEOUL – South Korea’s exports for the first 10 days of June shrank 12.7% from the same period a year before, customs agency data showed on Monday. The country’s imports grew 17.5%,…
Moscow expects big jump in profits from energy exports in 2022
(Reuters) -Russian Foreign Minister Sergei Lavrov on Saturday said Western sanctions would have no effect on the country’s oil exports and predicted a big jump in profits from energy shipments this year.…
South Korea exports growth accelerates in May, China curbs hurt
By Cynthia Kim SEOUL – South Korea’s exports grew at a faster pace in May than a month earlier as a rise in shipments to Europe and United States more than offset…
U.S. can offer ‘comfort letters’ to help Russia grain, fertilizer exports – U.S. envoy
UNITED NATIONS – The United States is prepared to give “comfort letters” to shipping and insurance companies to help facilitate exports of Russian grain and fertilizer, U.S. Ambassador to the United Nations,…
Russia extends quotas for fertiliser exports to help domestic farmers
(Reuters) – Russia has set quotas for fertiliser exports in July through December, saying in a statement on Tuesday it aimed to secure a sufficient amount of the crop nutrients for domestic…
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