Ongoing trade negotiations may not have the positive outcome markets hoped for until recently.
Read More »China Unlikely to Follow US Oil Sanctions on Iran
China is Iran'.s biggest oil customer. importing about 22 million tons of crude oil from Iran in 2018.
Read More »China and India to Form New Bargaining Bloc for Oil Imports
The alliance between the two Asian countries is likely to bode well for other Asian oil importers too.
Read More »China. India to Form Buyer’s Bloc That Favors Importers
Nations in Asia are mostly dependent on West Asian producers for their demand for oil.
Read More »China Continues to Invest in Arctic Gas Resources
Russia’s largest private natural gas company. Novatek. secured vital funding for its Arctic LNG 2 plant.
Read More »Japan. EU Repeat Support for Iran Nuclear Deal
Trump’s choice has faced opposition of the international community.
Read More »US Oil Embargo will See Venezuela Turn to China. Russia
Venezuela had its eyes on India to try to make up its shortfall.
Read More »No Wind-Down for China on Stopping Its Iran Oil Buys
China has alternative oil suppliers including the United States and Saudi Arabia.
Read More »South Korea Wants US to Backtrack on Iran Decision
South Korea is sending a delegation to the United States to seek an extension of waivers which Washington ended on Monday with the aim of bringing Iran’s oil exports to zero.
Read More »China has not yet Asked for more Crude Oil from Saudi Arabia
Saudi Arabia’s April crude oil production was nearly steady with previous months.
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