Tag Archives: China

China had seen a rapid pace of growth in imports of US crude.

The US will raise the tariff on $250 billion worth of Chinese imports from 25% to 30% on October 1.

China aims to secure exclusive access to such arrangements for its own oil giants.

Among Beijing’s latest punitive duties. it will impose a 5 per cent tariff on US crude oil from September 1.

Saudi Arabia remained China’s top oil supplier last month.

CNPC will wait for more guidelines from the U.S. Treasury before further moves in dealing with Venezuelan oil.

It is the first sustainability report issued by a Chinese company in the Kingdom.

A slowdown of the global economy is dampening oil demand.

China has imported 339.000 barrels a day of Venezuelan oil this year.

Weakness in Asian stock markets had spilled first into Europe and from there into early US trading.