News

Saudi crude oil supply to China set to fall in September, sources say

Saudi Arabia's crude oil exports to China are set to fall in September, slipping from a more than two-year high in August ...

China Is Key to Displaced Russian Oil’s Impact on Global Prices

Washington’s efforts to choke Russian oil flows to India are raising the question of what will happen to the millions of ...

Why the US can’t risk a two-front trade war with ‘the Dragon and the Elephant’ over Russian oil

US President Trump is undecided about imposing tariffs on China for buying Russian oil, as it complicates US-China relations. Vice President Vance stated Trump is reviewing options after imposing ...

China's July crude oil imports up 11.5% year-on-year

China's July crude oil imports rose 11.5% from the same month a year ago as state-owned refineries maintained high operating ...

China pushes back at US demands to stop buying Russian and Iranian oil

U.S. Treasury Secretary Scott Bessent acknowledges China's position on oil purchases but suggests an overall trade deal ...

Russia’s Urals Touted to China Refiners as Oil Flows in Flux

Prompt supplies of Russia’s flagship Urals crude are being offered to Chinese buyers, a sign of shifts in the global oil ...

The crude oil market bets Trump's India threats are hollow

The crude oil market's rather sanguine reaction to the U.S. threats to India over its continued purchases of Russian oil is ...

China’s oil ties with Russia and Iran are trade flashpoints, US says

Treasury Secretary Scott Bessent said China’s dependence on Iranian and Russian oil is a key issue in upcoming trade talks.

China’s Automakers Are Taking a Shortcut to European Markets

Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of ...