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Oil import
Oil & Gas Trade
China’s Oil Imports in November from Saudi Arabia Fall from a Year Earlier
China’s crude oil imports from Saudi Arabia in November fell 13% from a year earlier, but the kingdom retained its ranking as the top supplier to the world’s …
Oil & Gas Trade
China’s Oil Imports Are Set To Slow In Q1
Chinese imports in March 2022 are set to be around 10.7 million barrels per day (bpd).
Oil & Gas Trade
India's Oil Imports Rose to 4-month High in August
Indian refiners mostly buy oil about two months ahead of processing.
Oil & Gas Trade
China’s Oil Imports Rebounded In August
China’s crude oil imports averaged 10.25 million bpd daily last month, more than 5 percent higher than in July, energy analytics provider OilX has reported.
Oil & Gas Trade
New Zealand's Oil Refinery Set to Convert Into Import Terminal
New Zealand will stop refining crude oil from next year after shareholders in the country's sole refinery greenlighted a plan to convert it to a gasoline-import…
Crude Oil
China’s Crackdown on Excess Capacity to Impact Crude Oil Imports
China’s drive to lower emissions, is expected to have a negative impact on crude oil imports from private refineries.
Oil Price
India May Join China In Bid To Lower Oil Prices
The world’s third-largest crude oil importer, India, could join China in tapping into its strategic petroleum reserve in a bid to sell lower-priced crude to it…
Crude Oil
Pakistan: Crude Oil Imports Surge 317pc in May
Imports of crude oil increased by a whopping 317 per cent in May which translated into higher than expected production of petroleum products by local refineries…
Energy Investment
Honduras Spends 52% more on Oil Imports in First 5 Months 2021
he increase in the oil bill in the first five months of 2021 is due to the rise in the international price of oil, influenced by the reactivation of the economi…
Crude Oil
China Taps Into Crude Reserves To Curb Oil Price Rally
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to c…
Crude Oil
S.Korea’s June Crude Oil Imports up 5.9% y/y – Preliminary Data
South Korea’s June crude oil imports rose 5.9% to 79.0 million barrels from a year earlier, preliminary data from the Ministry of Trade
EU
EU Begins Discussions on Group II Quota for 2022
The EU Commission and member state representatives will meet today and tomorrow to discuss the Group II base oil import quota for January to December 2022.
Oil Price
Record-High Fuel Prices Add To Concerns About India’s Oil Demand
Gasoline and diesel prices in India hit a new record-high on Wednesday, adding another concern for the oil market about demand in the world’s third-largest oil…
Oil & Gas Trade
India to Cut Saudi Arabian Oil Imports After OPEC Ignores India Demand
Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said.
Crude Oil
China Ramps Up Oil Imports From Iran
China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S.
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