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Can the oil market shake off summer doldrums?
Brent traded in a narrow range during June and into late July. The focus in the market was on weak economic signals. China’s Q2 economic growth com...
China and Covid-19: Returning lockdowns increase downside risk to demand
China's oil demand has been recovering since the severe hit of Omicron outbreaks in April. However, as Covid cases rebounded in late June/early Jul...
China gas and power month in brief: gas reforms keep rolling out while coal faces headwinds
The plummets in power and gas demand in January could be misleading. They are more down to the timing of the Chinese New Year in 2017 compared with...
China gas and power month in brief: Surging gas demand and the US$1 trillion story
The efforts China has made to nurture its gas market are bearing some fruit – gas demand grew by 22% year-on-year in April, driven by a continual p...
China updates tax rebate policy to aid gas imports
On 30 April, China published an updated policy and detailed rules for value-added tax (VAT) rebates on gas imports. The new policy applies to LNG a...
China’s LNG imports decreasing: what is ahead for the remainder of 2022?
China’s gas demand has been under pressure since Q4 2021 due to the economic slowdown, higher import prices, coal-friendly policy and a warmer past...
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