Tag Archives: China

It was the world'.s first collision and explosion involving a vessel carrying condensate. an ultra-light crude oil.

China. the world'.s top crude oil buyer. imported around 655.000 barrels a day on average from Iran in the first quarter of this year.

Trump and his trade team have cracked down on China heavily since March.

China took almost a quarter of Iran’s exports in 2017.

China took almost a quarter of Iran’s exports in 2017.

Currently. analysts believe the sanctions could take between 200.000 and up to a million bpd of Iranian crude off global markets.

U.S. exit from Iran deal puts pressure on European planemakers.

China remained the largest export destination for Iranian oil. with flows rising to 714.467 b d in April. up just over 20.000 b d from March.

China buys the largest share of Iranian oil. and most of the rest is sold to the other top Asian consumers.

Imports for the first four months of 2018 rose 8.9 percent versus the same period a year ago to 151.43 million tonnes. or 9.21 million bpd.