Australia’s dwindling heavy sweet crude oil production and fluctuations in Venezuela’s Merey crude exports could prompt China to source more heavy crude from Canada, with attractive price differentials for Cold Continue Reading
Chinese companies have offered to invest $2 billion to build a refinery in a northern region of Iran located in the southern shores of the Caspian Sea, according to an Continue Reading
China could be facing a “debt iceberg with titanic credit risks” following a boom in infrastructure projects by local governments around the country, S&P Global has warned. Local governments may Continue Reading
Vietnam’s economy is this year set to exceed the government’s growth forecast, which was predicting a healthy rise of 6.7 percent, VOA reported recently, citing a government statement. The reason Continue Reading
At week’s end, global investors and policy makers will likely be given a stark reminder of the costs of a bitter Sino-U.S. trade war, with a Reuters poll predicting that Continue Reading
China’s crude oil imports for independent refineries in October is expected to jump about 23.9% from September to 2.1 million b/d (9 million mt), due to strong refining demand and Continue Reading
Interviews with senior White House officials and others in government make clear that recent volleys in what appears a new Cold War aren’t the exception to President Trump’s China policy. Continue Reading
“We underestimated the impact” of China’s slowing economy, said Xu Haidong, the association’s assistant secretary-general. Its full-year forecast was for growth of 3%, but he said that is now unrealistic. Continue Reading
China imported 9.05 million bpd of crude oil in September, for a total of 37.12 million tons , which was the highest rate of crude oil intake since May, Reuters Continue Reading
China—which slapped a 25-percent tariff on U.S. LPG in one of the trade tit-for-tat moves at the end of August—has cut off LPG from the United States, which was one Continue Reading
