Tag Archives: China

The Trump administration will offer 11 million barrels of crude from its reserves.

The US'.s growing trade dispute with China and spats with other trading partners are likely to dampen demand growth.

In U.S. oil markets. a decline in commercial crude inventories provided WTI with stronger support than Brent.

Saudi Arabia might be seeking to expand its oil production by building an oil port in Yemen’s al-Mahra governorate.

Iran is keen to keep its single biggest oil customer—China—when U.S. sanctions on Iranian oil exports kick in later this year.

CNPC has now a 30 percent stake. while PetroPars holds the remaining 19.9 percent.

The U.S. has become increasingly price competitive.

China imports more than one-quarter of Iran’s oil.

China and the United States have implemented several rounds of tit-for-tat tariffs on each others goods.

In Japan. official data on Thursday showed a slowdown in export growth as well as a decline in crude oil imports.