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China's oil imports suffer from the steep decline

Countries are tapping their emergency oil reserves

24.11.2021

Some of the world’s largest energy consumers are joining a US-led push. They want to unleash strategic oil reserves in an attempt to bring down high prices and keep inflation

Japan releases oil reserves upon U.S. request

23.11.2021

Four government sources with knowledge of the plans announced that Japanese authorities are working on methods to get past limits on releasing national stocks of crude oil in coordination with other

Release of reserves oil pressures the current oil prices

22.11.2021

On Monday, oil prices rose from seven-week lows. However, they remained under pressure after Japan announced it was considering releasing oil stockpiles and the COVID-19 situation in Europe worsened, heightening

Tesla’s Chinese rival Xpeng reveals electric SUV

19.11.2021

As rivalry in China’s new energy vehicle industry heats up, Xpeng, Tesla’s Chinese rival, introduced a new electric sports utility vehicle on Friday. Xpeng’s fourth manufacturing model is the G9.