Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › As a New Oil Power, China Gains More Sway Over Energy Markets
Business & Finance

As a New Oil Power, China Gains More Sway Over Energy Markets

As a New Oil Power, China Gains More Sway Over Energy Markets
NYT Business Thursday 17 September 2026, 13:43 UTC By Rebecca F. Elliott and Keith Bradsher 1 min read
Key Points

A refinery in Jiujiang, China. Traditionally, oil exporting countries, like Saudi Arabia and the United States, have held the power, not importers like China.

A refinery in Jiujiang, China. Traditionally, oil exporting countries, like Saudi Arabia and the United States, have held the power, not importers like China.
New Oil Power (ORG) Jiujiang (LOCATION) China (LOCATION) Saudi Arabia (LOCATION) the United States (LOCATION)
Originally published by NYT Business Read original →

Related Stories

Odd Lots: What Happens When Billionaires Turn to Politics

What happens when simply getting rich is not enough and billionaires continue to strive for something greater? Stanford Professor Francis Fukuyama joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss what drives the richest and most powerful people in the world and what happens when their ambitions get entangled with politics.

Bloomberg Markets 20m ago

Reform to hand crypto investors hundreds of millions in tax breaks

Reform to hand crypto investors hundreds of millions in tax breaks Exclusive: Analysis seen by The Independent reveals the wealthiest crypto investors would get £100m a year in tax relief from Nigel Farage’s party - Bookmark - CommentsGo to comments Reform UK’s tax plans would hand wealthy crypto investors hundreds of millions in tax breaks if Nigel Farage wins the next election, The Independent can reveal. British politics has been rocked by two gifts totalling £72m given to the party by...

The Independent UK 37m ago

Stanford Professor Fukuyama on Today’s Extremist Ideology

Francis Fukuyama's 1989 essay “The End of History?” argued that liberal democracy would not only defeat communism, but that its partisans might miss the “courage, imagination and idealism” that defined the ideological battle. The Stanford professor joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss how his argument has evolved since the end of the Cold War and what's driving today's extremist ideology.

Bloomberg Markets 38m ago

Lazard's Van Nostrand Says Markets Are Entering a Supply-Side Era

Lazard Asset Management CIO Eric Van Nostrand says recent volatility in geopolitics, oil prices and higher rates reinforces Lazard’s view that markets are shifting into a new supply-side era, where outcomes are being driven more by supply shocks than by consumer demand. He speaks on "Bloomberg Open Interest."

Bloomberg Markets 44m ago