China caps oil supplies to N. Korea, bans gas exports & textile imports in line with UN sanctions

Published time: 23 Sep, 2017 09:21 Edited time: 23 Sep, 2017 09:29 China is to limit the export of refined oil products and totally ban exports of liquefied natural gas and gas condensate to North Korea, as well as textile imports from that country, the Ministry of Commerce has announced. China will limit refined oil […]

Pound to euro exchange rate – sterling RECOVERS as UK exports and employment SOAR

The exchange rate has climbed to €1.128, up from a low of €1.118 just yesterday.  Sterling dived to its lowest level against the euro since November 2016 after comments from the Deputy Governor of the Bank of England (BoE).  Ben Broadbent told the Press and Journal there are too many “imponderables” in the British economy […]

Trump talks increasing fossil fuel exports, relaxing offshore drilling rules

The Sequoyah Nuclear Plant. (credit: Nuclear Regulatory Commission) President Trump gave a speech about energy in the US today, highlighting six policy issues that will direct his administration’s energy policy for the time being. The initiatives Trump talked about today were a hodgepodge of new announcements and old policy, focusing on nuclear energy and fossil fuel […]

Increased Russian gas exports to Europe

Published time: 3 Apr, 2017 09:38 The Russian national gas company Gazprom has reported a 3.3 percent increase in sales to Europe in March. There has been a surge in sales to Turkey, Serbia, and Bulgaria. Read more “In March, Gazprom’s deliveries to foreign partners increased by 3.3 percent (496 million cubic meters) compared with […]

Chinese solar exports fall in 2016 with global anti-dumping measures

Enlarge (credit: Dennis Schroeder, National Renewable Energy Lab) Chinese financial and business news site Caixin Media wrote that Chinese solar equipment exports fell 10 percent between 2015 and 2016. The statistics came from Zhang Sen, the secretary general of the solar division within China’s Chamber of Commerce for Imports and Exports of Machinery and Electronic […]

Asia’s exports rebound

IT IS easy to be downcast about the state of global trade. It has faced stiff headwinds in recent years: in 2016, for the first time in 15 years, it grew more slowly than the world economy. Regional and global trade deals are going nowhere, slowly. And America’s new president has promised to protect his […]