Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

IS China still the best justification for ongoing crude demand, or the worst? While most of the world remains fixated on the slow-motion car crash in its real estate sector, oil executives seem ...

Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply. Private oil ...

(Bloomberg) -- Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as US sanctions on Russia cut a key source of crude supply.

Beijing’s export restriction move only highlights China’s already well-known dominance in transition technology and the rest ...

as Chinese tariffs keep some U.S. oil grades at home. China consumes around 166,000 barrels of U.S. crude daily, roughly 5% of all U.S. export cargoes. Some of that could stay on U.S. shores or be ...

The first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is unlikely to rattle American exports of crude. After China hit crude ...

An oil tanker fills up with Alberta crude at the Westridge Marine terminal in Burnaby.Trans Mountain China has quickly become a significant buyer of Canadian crude oil, thanks to the Trans ...

The Trump administration on Thursday sanctioned individuals affiliated with an international network accused of selling millions of barrels of Iranian oil to China in an effort to fund Iran’s ...