China's state oil giants are ramping up domestic production and stock-building to secure energy self-sufficiency, threatening ...
China's Changqing shale oil field has reached 20 million tons of cumulative production, marking a major leap forward in the ...
China’s oil output has risen despite lower prices. PetroChina lifted output ~21% since 2020; CNOOC grew production ~45% since 2021 and Sinopec halted a production decline. Aging fields are being ...
The cushion could protect the country from any short-term supply disruptions related to new U.S. sanctions on Russian crude.
SINGAPORE, Sept 8 (Reuters) - China's stockpiling of oil, which has helped soak up excess global crude production this year, is likely to continue at a similar rate in 2026, the chief strategist for ...
FUJAIRAH, Oct 2 (Reuters) - The unwinding of OPEC+ production cuts, China storage flows and geopolitical tensions have been the primary drivers of crude oil prices this year, and are likely to remain ...
Some terminal operators at China’s Qingdao Port, which handles around one-sixth of the country’s crude intake, will impose new restrictions on old tankers — a move widely seen as targeting vessels ...
China and U.S. flags are displayed alongside a miniature worker in this illustration picture taken November 7, 2024. REUTERS/Florence Lo/Illustration WASHINGTON/BEIJING (Reuters) -U.S. President ...
Guyana is one of the smallest countries in South America, but its elections on Monday might have outsized implications for oil markets and the United States. Here is what you should know. Surrounded ...
WASHINGTON/BEIJING (Reuters) -U.S. President Donald Trump said he was considering terminating some trade ties with China, singling out cooking oil, which traders and analysts said would have little ...