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Asia’s oil demand is growing faster than major agencies forecast, led by India and Southeast Asia’s emerging economies. China is rapidly restructuring its supplier base, favoring Brazil while cutting ties with U.S. energy. Kazakhstan’s refining expansion and chronic overproduction raise major questions about its future in OPEC+. I’ve been following the oil market closely this…
August 2, 2025 • Opinion
A poor U.S. jobs report led to a broader sell-off on Friday, with leading stock indices falling from record highs. Friday, August 1st, 2025 Buoyed by Trump’s Russia threats and news of Indian state refiners curbing purchases of Russian crude, crude oil futures have been trending above $70 per barrel throughout the week, settling on…
August 2, 2025 • Opinion
South Korea's jailed ex-President Yoon Suk Yeol again refused to attend questioning by investigators on Friday, using a new method to resist: He took off his prison uniform and lay down on the floor in his detention room. Yoon, removed from office in April over his ill-fated imposition of martial law, was sent back to prison last month as…
August 2, 2025 • News
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