China’s plunging energy imports confound expectations A revival would cause problems—and not just for Europe
APPEC Russian oil diversion post-EU sanctions to raise shipping hurdles
Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil and products will have to be diverted to markets outside Europe and advanced economies when European Union sanctions take eff
Buying more Russian fuel: why some of Asia not criticised as much as India
Some nations have supported Ukraine since the start of its invasion but, while mindful of need to diversify energy sources, have not said when they’d phase out Moscow’s imports, whereas New Delhi only recently criticised Putin’s war.
Explainer: When EU embargo comes, where will Russia sell its crude oil?
Russia has ramped up oil shipments to Asia since Europe imposed sweeping sanctions, but still needs to re-route over a quarter of its crude exports away from Europe - or about 1.3 million barrels per day - when a full oil embargo hits in December.
India's Russian thermal coal imports set to fall for first time in 4 months
India's thermal coal imports from Russia are expected to fall for the first time in four months in September, two research consultancies said, potentially resulting in lower revenues for Moscow at a time it is mobilising more troops to fight in Ukraine.
China’s trade with Indonesia surges almost 30 per cent in first 8 months
Trade between China and Indonesia rose 28.6 per cent in the first eight months of the year, underpinned by a ‘jump in commodity prices’ and Chinese demand for raw materials amid a trade dispute with Australia.
U.S. business activity remains subdued in September, S&P Global survey shows
U.S. business activity contracted for a third straight month in September, though the pace of decline slowed while improving global supply chains eased inflation pressures for companies.
A global manufacturing slowdown suggests worse is to come
Recession would be brutal for countries that have still not recovered from covid-19