Serene Cheong
Journalist at Bloomberg News
Bloomberg - Oil Trading (Asia) Team Leader Retweets and likes are not endorsements Email: [email protected]
Articles
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1 week ago |
news.bloombergtax.com | Nicholas Lua |Serene Cheong |Weilun Soon
It’s been just days since China responded to US tariffs with its own set of eye-watering levies, but one corner of the petroleum market is already in crisis as bilateral trade collapses between the two heavyweights. The price of propane, a type of liquefied petroleum gas, has plummeted in the US because selling to China, its biggest customer after Japan, is no longer viable.
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1 week ago |
news.bloomberglaw.com | Nicholas Lua |Serene Cheong |Weilun Soon
It’s been just days since China responded to US tariffs with its own set of eye-watering levies, but one corner of the petroleum market is already in crisis as bilateral trade collapses between the two heavyweights. The price of propane, a type of liquefied petroleum gas, has plummeted in the US because selling to China, its biggest customer after Japan, is no longer viable.
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1 week ago |
flipboard.com | Nicholas Lua |Serene Cheong |Weilun Soon
NowThese are the key events on day 1,146 of Russia’s war on Ukraine. Here is where things stand on Monday, April 14 : Ukraine’s Air Force said that Russian missiles and guided bombs have once more struck the city of Sumy in northeastern Ukraine. Local officials said the attack struck the city’s …
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2 weeks ago |
bloomberg.com | Nicholas Lua |Serene Cheong
Chinese liquefied petroleum gas buyers have prompted a price surge as they scramble to replace US supplies of the widely used fuel following Beijing’s tough response last week to Washington’s punitive tariffs. Buyers are trying to swap US cargoes that have already been purchased with alternatives, including LPG from the Middle East, traders said.
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2 weeks ago |
bloomberg.com | Yongchang Chin |Alex Longley |Serene Cheong
Saudi Arabia slashed its flagship oil price by the most in more than two years, just days after the OPEC+ alliance announced an unexpectedly large output hike. State producer Saudi Aramco will lower Arab Light crude to its biggest buyers in Asia by $2.30 a barrel for May, according to a price list seen by Bloomberg.
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Plane Tickets Could Become More Expensive as Chinese Start Traveling Again - Bloomberg https://t.co/HILIbkQPSf #china #Asia #Travel #Oil #Jets #inflation
Chinese companies are expected to scoop up discounted Russian crude oil, potentially repeating a pattern seen when Iran and Venezuela were hit by U.S. curbs. #oott #crudeoil #RussiaUkraine @cangsizhi @sarahchen https://t.co/VjFUe6qoel
Saudi Arabia will probably raise the price of its main oil grade to a record for next month’s shipments to Asia, according to a Bloomberg survey, as importers rush to secure supplies following Russia’s invasion of Ukraine. @iamsharoncho @cangsizhi @sarahchen #oott #CrudeOil #opec