BEIJING, March 20 (TMTPOST) – China’s crude oil imports from Russia in January and February 2023 jumped by nearly 24% year-on-year to 15.68 million tons at an average price of approximately $539.64 per ton, down 11.71% from that of the previous year. According to the data from China...
Saudi/Russia Deal Gives Oil Politics New TwistLiam Halligan
BEIJING, March 20 (TMTPOST) – China’s crude oil imports from Russia in January and February 2023 jumped by nearly 24% year-on-year to 15.68 million tons at an average price of approximately $539.64 per ton, down 11.71% from that of the previous year. According to the data from China...
Saudi Arabia also remains the biggest supplier on a year-to-date basis, shipping 58.31 million tonnes of oil from January to August, down 0.3% on the year, versus 55.79 million tonnes from Russia, which was up 7.3% from the year-ago period. ...
BEIJING, March 20 (TMTPOST) – China’s crude oil imports from Russia in January and February 2023 jumped by nearly 24% year-on-year to 15.68 million tons at an average price of approximately $539.64 per ton, down 11.71% from that of the previous year. ...
MOSCOW, June 10 (Xinhua) -- Saudi Arabia and Russia work on a bilateral basis as well as with other producing countries to prevent oil prices from plunging, visiting Saudi Arabian Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said here Monday. ...
The Trump Administration has urged Saudi Arabia to ends its oil dispute with Russia. But Vandana Hari of Vanda Insights says crude prices will likely remain low because the coronavirus crisis has crippled demand. Thu, Mar 26 20201:08 AM EDTwatch...
Russia is pumping record volumes of crude and Saudi Arabia is almost there too. Still, the muted price reaction -- and the analysis of one powerful individual -- suggests limits to their influence. “This price for oil is very largely the result of the current U.S. ...
WTI crude oil has plunged 63 percent from its Jan. 6 peak as the price war between Russia and Saudi Arabia worsened a supply glut amid a period of severe demand destruction caused by the COVID-19 pandemic. Following the meeting between OPEC and its allies, energy ministers of G20 nations...
Oil producers shifting to a market share race? Saudi Arabia's and Russia's strategies reveal a shift to prioritizing market share rather than market stabilization and price support. Current production levels in the Middle East and North Africa are about 2 million bpd less than their peak levels...