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China surpassed the United States in 2017 to become the world’s largest oil importer.
Read More »China Oil Futures may Threaten Primacy of U.S. Dollar
Blocking Saudi Nuclear Plant Opens Door to China
A US failure to build civilian nuclear reactors in Saudi Arabia may allow countries that lack nuclear proliferation standards to step in.
Read More »Sinopec Inks First Deal to Buy Oil Priced Off Shanghai Crude Futures
The liquidity for Shanghai crude futures will surpass that of DME.
Read More »China Eyes New Oil Benchmark with Futures Launch
China has already taken steps that it hopes will help to internationalise its currency.
Read More »Chinese Probe Hits CEFC’s $9-Billion Rosneft Stake Acquisition
The Kremlin wants China to own a stake in Rosneft.
Read More »Trade War could Hurt US LNG Exports as US Makes Stupid Move
China is in the urgent process to expand its consumption of natural gas.
Read More »Gazprom’s Power Of Siberia Gas Link To China 75.5% Complete
China expects to raise its own natural gas production to a record-high this year.
Read More »China becomes Number Two Importer of U.S. Crude
Energy Outlook forecasts U.S. crude oil production to increase by 1.4 million b d in 2018 and the Brent-WTI spread to average $3.96 b.
Read More »US Crude Exports Becoming Significant Presence in Global Oil
The US cannot become completely independent of foreign oil.
Read More »China Manages to Become Major Global Specialty Gas Supplier
China'.s integrated circuit manufacturing industry was heavily dependent on imports abroad.
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