By Chen Aizhu and Siyi Liu SINGAPORE, March 2 (Reuters) - Refiners in China, the world's top oil importer, have enough supply ...
A hoard of Iranian oil on tankers at sea and swelling onshore inventories in China will provide an initial cushion for the world’s biggest importer from the fallout of the conflict in the Middle East.
By Chen Aizhu and Florence Tan SINGAPORE, Feb 16 (Reuters) - China's Russian oil imports are set to climb for a third straight month to a new record high in February as independent refiners snapped up ...
Rising oil prices and surging freight rates may now curb imports, even as China boosts discounted Russian purchases and ...
Asian refiners are considering slashing crude processing rates by up to 30% as the war in Iran has effectively closed the Strait of Hormuz, delaying critical Middle Eastern crude deliveries.
Chinese refiners are snapping up Russian oil that India is shunning, helping Moscow to overcome a dip in purchases by the country that’s normally its biggest buyer of seaborne barrels.
Around 20 million barrels per day of crude and refined products move through the narrow shipping lane between Iran and Oman, accounting for almost one-fifth of global oil consumption ...
That stockpile is now cushioning the Iran war shock, giving Beijing flexibility as Middle East flows are disrupted and Brent pushes toward $80–$100.
One of the least talked about dynamics of the global crude oil market is the role China plays in setting a floor and a ...
Chinese leaders don’t mind seeing the US bogged down in the Middle East instead of focusing on Asia, but US-Israeli strikes on Iran bring a tough calculus for Beijing in the region.
SINGAPORE, Jan 14 (Reuters) - China's oil imports from Venezuela are expected to slump starting from February as fewer tankers have managed to leave for Caracas' top crude buyer after the U.S. claimed ...