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Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily.
A prolonged global trade war could have an outsized effect on China's oil demand, according to one research outfit. That ...
Uncertainties surrounding US President Donald Trump’s tariff policies disrupted the markets' initial trajectory and raised ...
By Zain VawdaBrent crude prices continue to consolidate and remain largely rangebound. The market is dealing with the U.S.
Earlier this year, CNPC said it was likely that demand for fuels in China peaked two years ago. The suggestion was based on a 1.9% in crude oil imports in 2024 to just over 11 million barrels daily.