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This post was originally published on this siteNew energy vehicle sales in China are expected to keep a healthy pace in 2022, even as automakers raised NEV prices and COVID-19 outbreaks disrupted production at major factories, industries sources told S&P Global Commodity Insights. A sharp spike in China’s COVID-19 cases from February caused supply shortages […]

This post was originally published on this siteAsia’s appetite for US crude posted positive growth in the first quarter despite lucrative Russian offers, but North American supplies could face more competition in the second quarter as refiners will continue picking up barrels from the non-OPEC supplier until they remain outside sanctions and are available at

This post was originally published on this siteThe Russia-Ukraine crisis has highlighted the importance of LNG in the global energy commodities mix, with LNG bunkering set to receive a boost from a growing ship fleet, reflecting the need to switch to cleaner marine fuels as international environmental rules loom, SEA-LNG’s chairman Peter Keller said May

This post was originally published on this siteCrude oil futures climbed for the third straight session during mid-morning Asian trade May 6, erasing earlier losses, as concerns lingered over the prospect of tighter supply after the European Union’s embargo on Russian oil, while OPEC+ went ahead with its planned supply increase at its latest meeting.

This post was originally published on this siteShale gas producer Chesapeake Energy will try to capitalize on its enlarged Haynesville Shale position along the US Gulf Coast by cutting more deals for LNG exports priced at global indexes, executives said. The company might take a stake in an LNG terminal in the future and is

This post was originally published on this site Austrian oil and gas group OMV could require further writedowns on its Yuzhno-Russkoye gas field in Russia that it bought a 24.99% stake in from German energy supplier Uniper for about $1.8 billion.