Bakken oil in line for export to China

Continental Resources Inc. has sold about 1 million bbl of Bakken oil to Atlantic Trading & Marketing Inc. (ATMI), which intends to export the oil to China. Daily sales transactions of 33,500 b/d will take place from Cushing, Okla., beginning in No…

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BlackRock sees slowing China growth in 2018 – “still-solid and more sustainable”

From BlackRock Global Chief Investment Strategist Richard Turnill
His main points:
– China’s growth is set to cool in 2018
– Economic risks are rising
– Yet we believe the key party congress this week will likely serve as a prelude for deeper reforms

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Can India Overtake China In The EV Revolution?

India faces a wide chasm between Prime Minister Narendra Modi’s campaign to make sure all new vehicles sold in India are electric by 2030 and actual sales numbers. While India has followed China’s lead to reduce air pollution and oil import dependency in its booming cities, it’s still far away from sales figures that carry any weight. According to International Energy Agency, China registered 336,000 plug-in vehicles last year while India only saw 450 of these new vehicles hit its roads. One major Indian automaker, Mahindra &…

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