China's fuel oil imports are expected to drop in early 2025 following a hike in the product's import tax from Jan. 1, ...

For two decades, China accounted for half of the global growth in oil demand, but that era has ended, according to Yergin, who previously co-founded consultancy Cambridge Energy Research ...

Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China ...