Wednesday, 22 January 2025

Focus on Trade

Norway is a major supplier of energy to the UK (Andrew Milligan/PA)
FuelNewsOilPoliticsTrade

Fact check: The US is the UK’s biggest foreign oil supplier

A popular — and inaccurate — post on social media made inaccurate claims about UK and Norwegian access to oil in the North...

FILE PHOTO: NVIDIA CEO Jensen Huang speaks to the media during a press conference during the "AI Vision For Thailand" event in Bangkok, Thailand, December 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Threat of tariffs will loom large amid auto, tech glitz at CES

Consumer Electronics Show is used to debut products ranging from new automotive technology to quirky gadgets.

AviationFuelNewsOilPoliticsTradeTransport

Singapore’s Dec jet fuel imports hit multi-year high on India, S. Korea supply

Singapore is a major trading and storage hub for refined fuel in Asia.

FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo
BusinessEconomyLiquefied Natural GasNewsPoliticsTrade

U.S. LNG exports soar in December, lifting full-year growth by 4.5%

U.S. LNG exports hit near-record 8.5 MT in December, boosting 2024 shipments 4.5 per cent amid new plant startups, LSEG reports.

FILE PHOTO: Slovak Prime Minister Robert Fico attends a meeting with Russian President Vladimir Putin in Moscow, Russia December 22, 2024. Sputnik/Artyom Geodakyan/Pool via REUTERS/File Photo
EconomyInfrastructureNatural GasNewsPoliticsTradeTransmissionUtilities

Slovakia will discuss retaliation after Ukraine’s gas transit ‘sabotage’, says Fico

Slovakia mulls cutting electricity to Ukraine and reducing aid after gas transit halts, citing 500 million euros in potential losses.

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/File Photo
Critical MineralsMineralsNewsPoliticsTrade

China proposes further export curbs on battery, critical minerals tech

The restrictions could hinder the overseas expansion plans of major Chinese battery makers.

FILE PHOTO:A car gets charged at a charging point in Oslo, Norway, December 11, 2024. REUTERS/Leonhard Foeger/File Photo
BusinessElectric Vehicles (EVs)NewsTradeTransport

Chinese electric vehicles gain market share in Norway

Wealthy Norway is far ahead of most countries in the switch to electric vehicles, and has not imposed tariffs on Chinese EVs.

BusinessFuelNewsOilTrade

Ample supply, slow demand to temper oil price gains in 2025

31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025.

FILE PHOTO: A gas worker walks between pipes in a compressor and distribution station of the Urengoy-Pomary-Uzhgorod gas pipeline, some 30 km (19 miles) from the south western Russian city of Kursk January 4, 2006. REUTERS/Sergei Karpukhin/File Photo
BusinessEconomyInfrastructureNatural GasNewsPoliticsRegulationsTradeTransmissionUtilities

Russian gas era in Europe ends as Ukraine stops transit

Russia has halted gas exports to Europe via Ukraine as the transit deal expired on January 1, 2025, ending a decade-long route.

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