China's crude oil imports will likely rise only 1% this year, and the country's reliance on oil imports is projected to ...

Foreign oil has underpinned China’s economic rise, as the country built the world’s largest car industry from scratch, new railways and air travel networks, and thousands of skyscrapers.

CHINA’S independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on becomes a lot scarcer. Over a fifth of the country’s oil ...

China's vast refining sector faces shakeout as fuel demand peaks ANALYSIS· January 17, 2025 Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...

China’s independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on becomes a lot scarcer. Over a fifth of the country’s ...

Oil prices are likely to fall in the longer run after the initial jump following Donald Trump's implementation of hefty ...

China National Petroleum is one of the country’s largest oil companies, and also has a robust business as an oil field service provider. Headquartered in Beijing, CNPC was created in 1999 as ...

The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher ...

(Bloomberg) -- China is flooding the US with used cooking oil that the biofuel industry says may be tainted, hurting American farmers and President Joe Biden’s push to promote climate-friendly ...