Yongchang Chin
Asia Oil Trading Reporter at Bloomberg News
Covering oil markets for Bloomberg @business news • Energy, commodities, and other news too • Definitely not just in it for the pantry • Tweets, opinions mine
Articles
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1 week ago |
ca.finance.yahoo.com | Yongchang Chin
(Bloomberg) -- The global oil market faces “large surpluses” this year and next as the trade war weighs on crude demand growth and OPEC+ eases supply curbs, according to Goldman Sachs Group Inc.
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2 weeks ago |
rigzone.com | Yongchang Chin
The flow of oil from the world’s biggest producer to its largest importer is set to thin to virtually zero as a trade war between the two powerhouse economies escalates. After climbing in recent years, oil shipments from the US to China have been on the decline for much of 2025, thanks to US President Donald Trump’s successive rounds of tariffs at a time when the domestic refining sector is already under pressure.
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2 weeks ago |
bloomberg.com | Yongchang Chin
Flows from the US to China in the early months of this year added up to roughly 1% of the country's imports. (Bloomberg) -- The flow of oil from the world’s biggest producer to its largest importer is set to thin to virtually zero as a trade war between the two powerhouse economies escalates.
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2 weeks ago |
japantimes.co.jp | Yongchang Chin |Shoko Oda
Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active and volatile electricity markets with the aim of offsetting declining profits from mainstay commodities. Over recent years, the pandemic, then Russia’s invasion of Ukraine and the crisis that followed created major disruptions in energy supply — and windfall profits for trading houses and hedge funds. As the nature of global upheaval changes, traders are looking elsewhere.
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2 weeks ago |
financialpost.com | Yongchang Chin |Shoko Oda
Over recent years, the pandemic, then Russia’s invasion of Ukraine and the crisis that followed created major disruptions in energy supply — and windfall profits for trading houses and hedge funds. As the nature of global upheaval changes, traders are looking elsewhere. In Asia, that has increasingly meant electricity.
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Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active and volatile electricity markets https://t.co/Hb9oz4ksj2 via @business
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 https://t.co/HhSDtTqZU0 via @markets
Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early supply increase just as concerns over global demand become more acute https://t.co/MGSX6kZk4p via @markets