Tag Archives: China

A more significant development was Russia agreeing to some yuan-based oil trade in 2015. also the result of U.S. sanctions.

Saudi Arabia’s exports were 6.68 mb d. the second-lowest for this year.

Iran’s largest solar panel manufacturing company is under construction in Shiraz. the capital of Fars Province.

The Asian nation’s imports of Russian crude jumped 61% to a record 6.35 million metric tons in September from a year earlier.

BP sees Chinese demand for oil surging 61 percent. and gas demand soaring 186 percent by 2035.

The major risk to future gas demand is the possibility that renewable power sources will take a larger slice of the global energy pie faster than now expected.

ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.

In Q4. China is not expected to build inventories. because oil demand is expected to remain strong. according to the IEA.

Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal.

In recent years. several nations opposed to the dollar being the world'.s reserve currency have progressively sought to try and abandon it.