Tag: China oil imports

Indonesia’s recent entry into the BRICS economic bloc has reignited discussions about the potential to import oil from Russia, a move that could reshape its energy strategy and further complicate its position in the global geopolitical landscape. Luhut Binsar ...

After decades of ever-growing oil use, China's oil demand may have peaked this year, according to Chinese oil executives cited by FT. This has significant implications for countries from Angola to Russia to Brazil, which depend on selling oil to China.

Saudi Arabia is preparing to increase oil shipments to China in 2024 to meet growing demand from a crop of new refineries that will come online next year, according to S&P Global Commodity Insights. While Russian sales are expected to remain strong ...