China's oil production is expected to remain flat in 2025, while India's oil demand growth outpaces China's amidst a shift in global energy consumption patterns.

China's surplus crude oil eased slightly in December, but the excess surged in 2024 to more than 1 million barrels per day ...

(Bloomberg) -- China’s independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on becomes a lot scarcer. Over a fifth of ...

Smaller operators, especially those that do not qualify for Beijing's crude oil quotas and survive instead on processing imported fuel oil, face a further crunch as new tariff and tax policies are ...

CHINA’S independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on becomes a lot scarcer. Over a fifth of the country’s oil ...