Crude oil prices rebounded following sharp losses, driven by a revised EIA outlook, a shift in IEA rhetoric, and reports of rebounding Asian imports, despite an estimated US crude oil inventory build.
China's state-owned oil companies are scaling back purchases of Russian crude due to concerns over U.S. sanctions, Reuters reported on March 14, citing industry sources. Chinese firms have avoided ...
The recoverable shale oil reserves in China, one of the world's major crude oil consumers, ranks third globally. Data from ...
In the first 10 days of March, Russian crude oil loadings for India were at around 590 thousand barrels per day (bpd), lower ...