Chinese crude oil and natural gas imports fell in March, as the supply crunch in the Persian Gulf began to affect shipments. Crude purchases dropped 2.8% from the previous year to 49.982 million tons, although the figure was higher than February, according to China’s customs administration on Tuesday. Imports over the year so far rose 8.9% as China continued to stockpile oil despite weakness in th...
Chinese crude oil and natural gas imports fell in March, as the supply crunch in the Persian Gulf began to affect shipments. Crude purchases dropped 2.8% from the previous year to 49.982 million tons, although the figure was higher than February, according to China’s customs administration on Tuesday. Imports over the year so far rose 8.9% as China continued to stockpile oil despite weakness in the economy. Gas imports fell more sharply, down 11% to 8.183 million tons, leaving the year-to-date figure 4% below the pace set in 2025. Major oil refiners saw fewer cargoes from Gulf producers like Saudi Arabia and Iraq, after the US and Israeli attack against Iran that began on Feb. 28 effectively closed the Strait of Hormuz to traffic. At the same time, the smaller independent plants that had been prepared to ignore sanctions have lost access to the heavily discounted Iranian crude they’ve relied on to protect razor-thin margins. Chinese oil product exports fell 12% to 4.601 million tons, after the government imposed curbs to conserve domestic fuel supplies. Beijing has allowed state refiners to tap commercial reserves to help weather an unprecedented supply shock that’s only likely to worsen as the US Navy disputes Iran’s control of the key waterway. Gas purchases slumped even though nearly half of Chinese supply arrives overland from Russia, Central Asia and Myanmar. China won’t break out its seaborne imports until later this week, but ship-tracking data shows liquefied natural gas cargoes plunged 22% in March from the previous year to 3.74 million tons. The seaborne market is facing prolonged disruptions . China took roughly a quarter of its LNG from Qatar, which will take years to restore operations after Iranian strikes against the world’s biggest export facility. But with pipelines running at capacity, there’s not much leeway in the short term for China’s overland suppliers to pick up the slack.
Iron Maiden, Billy Idol, Queen Latifah and Joy Division/New Order will also be inducted, along with the late Luther Vandross Phil Collins, Iron Maiden, Billy Idol, Queen Latifah, Oasis, Sade and Joy Division/New Order will be inducted into the Rock + Roll Hall of Fame, along with first-time nominees Wu-Tang Clan and the late Luther Vandross. The list was revealed on Monday night in the US, during ...
Iron Maiden, Billy Idol, Queen Latifah and Joy Division/New Order will also be inducted, along with the late Luther Vandross Phil Collins, Iron Maiden, Billy Idol, Queen Latifah, Oasis, Sade and Joy Division/New Order will be inducted into the Rock + Roll Hall of Fame, along with first-time nominees Wu-Tang Clan and the late Luther Vandross. The list was revealed on Monday night in the US, during an airing of American Idol. To be eligible, artists must have released their first commercial recording at least 25 years prior. Nominees were voted on by more than 1,200 artists, historians and music industry professionals. Continue reading...
CATL Nears 2 Trillion Yuan Valuation Shares of Contemporary Amperex Technology Co. Ltd. (CATL) hit a record high Monday, pushing its market capitalization close to 2 trillion yuan ($290 billion) as demand surged from artificial-intelligence (AI) data centers and energy storage. Only five companies listed on China’s A-share market have valuations above 2 trillion yuan, including Industrial and Comm...
CATL Nears 2 Trillion Yuan Valuation Shares of Contemporary Amperex Technology Co. Ltd. (CATL) hit a record high Monday, pushing its market capitalization close to 2 trillion yuan ($290 billion) as demand surged from artificial-intelligence (AI) data centers and energy storage. Only five companies listed on China’s A-share market have valuations above 2 trillion yuan, including Industrial and Commercial Bank of China Ltd., China Construction Bank, Agricultural Bank of China, PetroChina Co. Ltd. and China Mobile Ltd.
一张在 X 上疯传的截图，正让估值 66 亿美元的 Lovable 及其投资人们后背发凉。 X 用户 @hysteresis_x 发布了一张尚未正式上线的 Claude 界面截图，配文：“带大家偷瞄一眼 Claude 马上要推出的新东西。” 截图界面是不是很熟悉？不仅配备了提示词输入框、模板选项，甚至还包含了一个完整的项目管理面板。输入框中写着 "Let's ship something grea...