By Chen Aizhu and Siyi Liu SINGAPORE, March 2 (Reuters) - Refiners in China, the world's top oil importer, have enough supply ...
By Chen Aizhu, Trixie Yap and Siyi Liu SINGAPORE, March 3 (Reuters) - Zhejiang Petrochemical Corp, a major Chinese refiner backed by Saudi Aramco, is shutting a 200,000-barrel-per-day unit, bringing ...
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.
China's refiners could reap windfall profits in the event of a prolonged disruption to crude supplies from the Middle East.
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.
Rising oil prices and surging freight rates may now curb imports, even as China boosts discounted Russian purchases and ...
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 ...
China’s current total onshore crude inventories are equivalent to about 115 days of the country’s total seaborne crude ...
The U.S government’s removal of Venezuelan President Nicolas Maduro last month is upending broader geopolitics as we know it. Informed by the second Trump administration’s focus on the Western ...
China has dramatically increased its crude oil imports from Russia to an all-time high, more than compensating for the Indian refiners' withdrawal from the market following pressure and a trade deal ...
SINGAPORE, Jan 7 (Reuters) - Chinese independent refiners are expected to switch to heavy crude from sources including Iran in coming months to replace Venezuelan shipments halted since the U.S.
Russia's oil exports remained flat in 2025 with a massive 80% now going to China and India following sanctions, while India's recent pivot away from Russian crude has left China as Moscow's last major ...