Community Editor for European power, gas and coal
Henning's Feed
Aug 27, 2015

China’s slowing auto market to put further pressure on oil

SINGAPORE (Reuters) – China’s falling auto sales have been at the forefront of concerns that its economy is slowing much faster than expected, weighing on oil prices.

Yet moves to cut the cost of car-financing as part of economic stimulus efforts this week may not be enough to drive up auto sales or boost demand for oil, analysts said.

Aug 27, 2015

Oil prices rise as global market fears ease, but outlook remains weak

SEOUL/SINGAPORE (Reuters) – Oil prices climbed by around $1 a barrel on Thursday on an unexpected fall in U.S. crude inventories and a rally in global equity markets, although ongoing oversupply capped gains.

Asian stocks rose on Thursday as a sharp rebound on Wall Street and gains in battered Chinese shares eased fears of a deep and protracted global market rout, while the dollar also rallied as risk aversion eased.

Aug 25, 2015

Oil claws back some losses but remains at 2009 levels over Asian economic woes

SINGAPORE, Aug 25 (Reuters) – Crude oil markets edged up but
remained near 6-1/2-year lows on Tuesday, following a session
that saw prices fall as much as 6 percent after a Chinese
equities rout sent global markets into a tailspin.

Asian stocks resumed their slides on Tuesday, with China’s
and Japan’s major stock indexes tanking again in early trade,
sparking fears of a hard landing for the Chinese economy, the
world’s most important growth engine.

Aug 25, 2015

Oil prices edge up but market remains cautious as Asian stocks keep tumbling

SINGAPORE, Aug 25 (Reuters) – Crude oil markets edged up but
remained near 6-1/2-year lows on Tuesday, following a session
that saw prices fall as much as 6 percent after a Chinese
equities rout sent global markets into a tailspin.

Asian stocks resumed their slides on Tuesday, with China’s
and Japan’s major stock indexes tanking again in early trade,
sparking fears of a hard landing for the Chinese economy, the
world’s most important growth engine.

Aug 25, 2015

Oil prices steady but near recent lows as Asian stocks resume slide

SINGAPORE (Reuters) – Crude oil markets edged up but remained near 6-1/2-year lows on Tuesday, following a session that saw prices fall as much as 6 percent after a Chinese equities rout sent global markets into a tailspin.

Asian stocks looked vulnerable to another sell-off on Tuesday, with investors gripped by fears of a hard landing for the Chinese economy, the world’s most important growth engine.

Aug 24, 2015

Oil leads market rout as China sends investors fleeing

LONDON/SINGAPORE, Aug 24 (Reuters) – Commodity markets
lurched lower on Monday after the retreat in Chinese stock
markets quickened, fuelling worries of a hard landing in the
world’s biggest consumer of raw materials.

Crude oil tumbled to its weakest levels in 6-1/2 years while
industrial metals prices also hit multi-year lows amid a broad
sell-off of risky assets.

Aug 24, 2015

Markets tumble as investors dump risky assets on China weakness

SINGAPORE (Reuters) – Commodity markets tumbled along with Asian equities on Monday as fears spread that a severe slowdown in China would pull down other economies in the region, denting energy and raw material consumption.

Chinese stocks sank more than 8 percent this morning, with the Shanghai index giving up all its gains for the year, prompting a broader selloff in riskier assets, including oil and copper which slid to their weakest since 2009.

Aug 24, 2015

Markets tumble as China weakness spreads

SINGAPORE, Aug 24 (Reuters) – Commodities markets tumbled in
Asia on Monday as fears spread that a more severe slowdown in
China would pull down other economies in the region, denting
energy and raw material consumption.

Chinese stock indices like the CSI300 and the
Shanghai Composite Index fell on Monday, dragging on
Japan’s Nikkei index as worries over slower Chinese
growth intensified.

Aug 20, 2015

Oil prices dip further after U.S. stock-build, Saudi export rise

SINGAPORE (Reuters) – Oil markets opened up weak on Thursday following sharp falls the previous session, with U.S. contracts hovering slightly above $40 per barrel, levels not seen since the credit crunch of 2009, and globally traded Brent tested support at $47.

U.S. West Texas Intermediate (WTI) crude oil slumped over 4 percent on Wednesday to hit a 6-1/2-year low as a huge unexpected stockpile build in the United States reinforced concerns about a growing global oil glut.

Aug 19, 2015

Coal prices fall to 12-year lows as China, India join demand slowdown

SINGAPORE (Reuters) – Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until recently have been pillars of strong demand.

Benchmark API2 2016 coal futures last settled at $52.85 a tonne, a level not seen since November 2003. The contract is now over 75 percent below its 2008 all-time peak and more than 60 percent below its most recent high following the 2011 Fukushima nuclear disaster in Japan.

    • About Henning

      "Henning Gloystein is Community Editor for European power, gas and coal in London. Before joining Thomson Reuters, he was Deputy Director for Markets and Strategy at the London-based environmental market consultancy IDEAcarbon, and Team Leader for European Power Markets at Platts. Before moving to London in 2007, Henning worked as a freelance reporter and photographer for German and Latin American broadsheets and magazines, with assignments in Colombia, East Timor and Turkey. Henning has a Master’s degree in History and Politics from Humboldt University in Berlin."
      Languages:
      English, German, French, Spanish
    • More from Henning

      Publications:
      Three Borders
      Athena Press, 2007
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