China"s Slowdown Is a Drag for Fuel Refiners

Crude prices tumbled more than 3 percent on Tuesday over concerns that China's slowing economy could curtail fuel demand worldwide as forecasters predicted weaker global growth amid the U.S.-China trade war......»»

Oil prices fell 3 percent on Tuesday over concerns the world's stumbling economy could pinch fuel demand as U.S. crude output climbs to new heights and cuts by Saudi Arabia and its allies are smaller than advertised......»»

Apple will report quarterly earnings today, May 2, after market close. Investors are expecting a slowdown in China iPhone sales. CFOTO/Future Publishing/Getty ImagesApple reports second-quarter earnings on Thursday.Investors will be looking for upda.....»»

"House Destocking": China Politburo Hints New PLan To Fix BIggest Drag On Th.....»»

Tesla's negative year-over-year volume growth in the first quarter and the ongoing EV market slowdown have prompted the company to take aggressive measures. read more.....»»

Australia Dangerously Dependent On China"s Fuel Exports As 2 Of Its Last 4 Refineries Close.....»»

Toyota Moving Fuel Cell Man.....»»

Pegatron expects a seasonal slowdown in end-market demand to drag down its revenues during the first quarter of 2021......»»

China’s independent refiners have driven a meteoric shift in the global oil market since Beijing gave them permission to import crude in 2015, helping the nation overtake the U.S. as the world’s biggest importer and shaking up trade flows......»»

Unfavorable macro conditions, including the US-China trade war and COVID-19, have been slowing down 5G deployments across the globe, but 5G will still play a crucial role in driving growth in the semiconductor market, according to industry sources......»»

Promises of zero emissions by 2060 may be running into entrenched fossil-fuel interests. Xi Jinping must keep his word......»»

US authorities warned Wednesday that Chinese hackers were attempting to steal coronavirus data on treatments and vaccines, adding fuel to Washington’s war with Beijing over the pandemic......»»

China is committed to its Phase 1 trade deal with the United States and is working towards meeting its promise to boost U.S. purchases, even though the pace of buying has been restrained by the coronavirus outbreak, three Chinese sources said......»»

The PBOC’s quarterly report marks shift in tone from conservative to more flexible tools to fight slowdown.....»»

U.S. stocks jumped on Thursday as an upbeat outlook from PayPal and a surprise rise in Chinese exports raised hopes of a faster economic recovery from what is expected to be a deep coronavirus-led recession......»»

China's daily crude oil throughput in March sank to a 15-month low with state refiners maintaining deep output cuts as the coronavirus pandemic erodes demand, but there are some signs of recovery as the country begins to ease virus-related curbs......»»

Bayerische Motoren Werke AG (OTC: BMWYY) registered a significant slump in its first-quarter vehicle sales due to slowdown in China, Europe and U.S. economic activity. read more.....»»

Bayerische Motoren Werke AG (OTC: BMWYY) registered a significant slump in its first-quarter vehicle sales due to slowdown in China, Europe and U.S. economic activity. What Happened The group, which includes BM.....»»

The global oil refining industry is facing a reckoning from falling fuel demand that is the deepest and fastest ever......»»

China's National Integrated Circuit Industry Investment Fund (Big Fund) is about to kick off its second-phase capital support for the local chip industry, according to industry sources......»»