China and India are diversifying their crude oil imports away from Russia and Iran due to tightening Western sanctions and ...
Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that ...
China may import less crude oil from Saudi Arabia on a month-on-month basis in February after the Kingdom hikes prices for ...
Saudi Arabia's oil exports to China are expected to decrease in February due to a price increase by Aramco, impacting the ...
The rise in import duties, which comes on top of a separate policy last October to reduce tax rebates on fuel oil shipments, ...
Shandong Port Group has prohibited U.S.-sanctioned tankers from accessing its ports in the eastern Chinese province, three ...
Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U ...
BEIJING--China, the world’s biggest energy consumer, is taking advantage of a plunge in global oil prices due to the coronavirus outbreak to build up its stockpiles of crude. Imports rose 4.5 ...
China’s oil demand is nearing a turning point as electric vehicles take a growing share of its vehicle market, the world’s largest. The country has long been the thirstiest consumer of crude.
Analysts said a report from China's state-owned refiner Sinopec added to pressure on crude Friday. Sinopec said the country's crude imports could peak as early as next year, with oil consumption ...
The EIA noted in its December STEO that a combination of increasing domestic crude oil production and decreasing U.S. refinery runs means reduced net imports ... be sent to China,” it added.