While the removal of sanctions and the capture of President Nicolas Maduro theoretically unlock the world’s largest oil ...
China’s latest oil import data has been rather bullish, with November imports rising 5% year on year. Not only that, but China is building new storage capacity, so it can keep buying more crude, ...
China’s oil output has risen despite lower prices. PetroChina lifted output ~21% since 2020; CNOOC grew production ~45% since 2021 and Sinopec halted a production decline. Aging fields are being ...
LONDON, Oct 10 (Reuters) - Is China's stockpiling of crude oil bearish or bullish for prices? Unfortunately there is no clear cut answer to the question, as much depends on details that are simply not ...
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