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[Apr. 19, 2017] China imported record high volumes of crude oil in March at 9.21 million b/d as independent refiners stepped up buying to meet their quota allocations and oil companies generally bought more in antici...
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[Apr. 14, 2017] China’s crude oil imports surged to an all-time high in March to nearly 9.2 MMbpd, customs data showed on Thursday, far surpassing expectations and overtaking the United States as independent refiners ramped up their purchases.The March imports came in at
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[Apr. 13, 2017] China will lift the retail prices of both gas and diesel for the third time this year from Thursday, amid a rally in global oil prices, the country’s top economic planner announced Wednesday.Gasoline prices will rise by 200 yuan (about 29 U.S. dollars) pe
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[Apr. 10, 2017] In the space of only about 20 years, China has gone from being nearly energy self-sufficient to depending upon imports to meet half of its energy needs. The country experienced this dramatic swing despite being the world’s fourth largest producer of
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[Apr. 7, 2017] China’s apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance season that started
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[Apr. 6, 2017] China was the top foreign buyer of US crude in February, according to data that show the growing interdependence of the world’s big energy-consuming nations at a time of heightened geopolitical tensions.When Donald Trump hosts Xi Jinping at his Flor
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[Apr. 1, 2017] China has issued a flurry of measures on Friday aimed at promoting oil and commodities trading in seven new free trade zones, including granting more crude import quotas and establish trading platforms according to statements regarding two of them.The new
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[Mar. 31, 2017] China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess capacity and international trade flows, sources with knowledge of the matter said this
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[Mar. 30, 2017] Nigeria is fast losing its favourite oil export destinations to the United States (U.S.), which used to be the country’s biggest importer of crude blend. The Nigerian National Petroleum Corporation (NNPC) crude oil export destination report, confirm
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[Mar. 30, 2017] China Oil And Gas Group Ltd* Fy profit for year reached HK$658 million as compared to HK$29 million in 2015* Board of directors recommended a final dividend of hk cent 0.50 per share Source text (bit.ly/2ogpL0t) Further company coverage:
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[Mar. 29, 2017] China will cut the retail prices of both gas and diesel for the third time this year from Wednesday due to price declines in the international market, the country’s top economic planner said Tuesday.Gasoline prices will decrease by 230 yuan (about 33.4 U.
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