The U.S. Trade Representative’s office filed paperwork to formally raise tariffs to 25% from 10% on about $200 billion a year of Chinese imports effective on Friday, carrying through on Continue Reading
China imported around 800,000 bpd of crude from Iran in April—the highest amount that Iran’s top oil customer purchased since August last year—as Chinese refiners rushed to buy Iranian oil Continue Reading
State-owned PetroChina has shipped gasoil, for the first time ever, on a 100,000 dwt vessel to Italy in Europe on May 5, according to its company-run media China Petroleum Daily Continue Reading
China’s crude oil imports in April unexpectedly surged to a record despite refinery maintenance outages and tepid domestic fuel demand, customs data showed, as state-run refiners built up stocks of Continue Reading
China’s crude oil imports in April hit a record high of 10.68 million b/d, rebounding from 9.3 million b/d in March, preliminary data from the General Administration of Customs showed Continue Reading
Doug Mills/The New York Times WASHINGTON — President Trump’s top economic advisers on Monday accused China of reneging on previous commitments to resolve a monthslong trade war and said Mr. Continue Reading
China’s privately owned Hengli Petrochemical has increased its Saudi Arabian crude imports for April and May as it prepares to bring a new refinery in northeastern China to full capacity, Continue Reading
President Trump is, according to the Chinese Internet, a Marvel supervillain who can wipe out half the universe with a snap of his fingers. But in Trump’s case, it’s the Continue Reading
Tensions between Washington and Beijing could soon peak if China positions itself to defy President Trump’s repeal of Iranian oil sanctions waivers. On Saturday, noted Chinese analysts said that China Continue Reading
China stepped up purchases of Saudi oil in the first four months of this year as a private refiner is raising crude intake from the Kingdom that has secured term Continue Reading
