China will become crucial for global oil demand trends even after growth peaks in the transport sector, according to commodity major Vitol. The reason for the continued role the country would ...
and the overall production capacity of the factory has doubled through digital intelligent manufacturing and precise management," Wang revealed. In 2023, China's offshore crude oil production had ...
Crude oil refining in China fell to the lowest in three months in September as more refineries closed for regular seasonal maintenance. Even so, oil prices will likely suffer a negative impact ...
Oil imports into China sank again last month, highlighting soft consumption in the largest buyer just as traders weighed the implications of Donald Trump capturing the White House and potential ...
In terms of profitability, steelmaking and oil processing are China’s worst performing industrial sectors this year. For that, blame the property crisis and decarbonization. Steel mills are ...
SINGAPORE, Nov 11 (Reuters) - Saudi Arabia's crude oil supply to China is set to fall to about 36.5 million barrels in December, trade sources said on Monday, on weak demand from the world's ...
China court punishes chefs who laced dishes with ... Other stories of fake eggs, diseased pork, recycled oil, mislabelled meat and more have only led to more calls for industry reform.
Oil prices remain rangebound, with resistance at $72.92 and downside risks toward $63.46 if support fails. China’s oil demand remains weak as refinery throughput drops for the sixth month ...
The fall in prices comes amid concerns over weakening demand from China, the world’s largest oil importer, and mixed signals from geopolitical tensions in the Middle East. This marks the ...
China’s private and state-owned oil processors are grappling with lean or even negative margins due to the start up of a new mega-refinery and the slowdown in consumption of fuels such as diesel.
But a tougher stance on Iran also means cracking down on China, which does not recognize U.S. sanctions and is the Islamic Republic's biggest oil customer. "The million-dollar question is how much ...