$100 Brent Keeping China's Oil Buying in Check, Goldman Says

$100 Brent Keeping China's Oil Buying in Check, Goldman Says

China's crude oil exports will rise only slightly in the fourth quarter from the third quarter if oil prices remain high, potentially easing the upward pressure on benchmark crude prices, Goldman Sachs says. China's crude oil imports rose for the second consecutive month in August as refiners turned to additional non-Middle Eastern supply and boosted overseas fuel shipments amid eased export restrictions. China imported 8.93 million bpd of crude…

Goldman Pours Cold Water On China Oil Buying Spree: Beijing Is Just Pickier, Not Hungrier

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Goldman Sees China Oil Imports Staying Subdued in Fourth Quarter

China’s oil imports are likely to remain subdued in the coming months if crude prices stay elevated, according to Goldman Sachs Group Inc., which could keep a lid on further gains.