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China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years ...
China’s oil demand growth has stalled as electric vehicle sales surge and gasoline and diesel consumption decline.
Oil prices rose in early trade on Thursday, reversing the previous session's losses, buoyed by stronger-than-expected ...
Refiners remain active. According to Reuters, China’s surplus crude inventories surged by 1.3 million barrels per day in June ...
The two countries are the largest purchasers of Russian oil. Read more at straitstimes.com. Read more at straitstimes.com.
China National Offshore Oil Corporation (CNOOC) has achieved a major breakthrough in deep metamorphic buried-hill exploration ...
Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to ...
Exploration well WZ10-5S-2d was drilled to 3,362 TD in 37 m of water and encountered a 211 m oil and gas pay zone.
Prices have seen-sawed in a fairly tight range as signs of steady demand from an increase in travel during the Northern ...
CNOOC Ltd chief executive, Zhou Xinhuai, called the discovery a “first-of-its-kind” for China’s offshore sector. He said it sets a strategic precedent for buried hills exploration and deep play ...
Nato chief Mark Rutte has now asked India and China to put pressure on Vladimir Putin to end the war in Ukraine after US President Donald Trump has threatened Russia with ‘biting tariffs’ on oil and ...
Trump has threatened 100% ‘secondary tariffs’ on likes of India and China, which experts warn could cause a global spike in oil prices ...
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