China’s Oil Imports Hit 20-Month High as Iran and Russia Flows Rebound
6 Articles
6 Articles
China’s Oil Imports Hit 20-Month High as Iran and Russia Flows Rebound
Chinese crude oil imports topped 12 million barrels per day (bpd) in March, the highest volume since August 2023, as flows of Iranian and Russian crude rebounded from the lows seen early this year with the U.S. sanctions. China imported a total of 51.41 million metric tons of crude oil in March, data from the Chinese General Administration of Customs showed on Monday. That’s equivalent to 12.1 million bpd in crude arrivals last month, per Reuter…
Crude Gains Marginally As China’s March Imports Surge By 5%
Crude oil prices posted modest gains on Monday following a 5 percent year-on-year rebound in China’s March import volumes. The recovery was driven by increased in shipments from Iran and Russia that cushioned the market already grappling with global economic headwinds and intensifying trade tensions between the United States and China. Brent crude oil, against […] The post Crude Gains Marginally as China’s March Imports Surge by 5% appeared firs…
Oil Rises on Tariff Exemptions and Rebound in Chinese Imports - Energy News, Top Headlines, Commentaries, Features & Events
Summary • China’s crude oil imports rebounded in March, data shows • OPEC dowgrades its 2025 global oil demand growth forecast • Goldman Sachs sees Brent averaging $63 for rest of 2025 LONDON, April 14 (Reuters) – Oil prices rose more than 1% on Monday after U.S. exclusions on some tariffs and Chinese data showing ...
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