China is ramping up Russian oil imports and Beijing could greenlight even more volumes
Chinese state-run refiners have been increasing purchases of Russian oil, and it signals that imports could ramp up further once Beijing gives the greenlight, according to a note from Energy Aspects.
"Majors had been waiting on the sidelines to increase imports of Russian crude beyond ESPO given no clear instruction from the government," strategists wrote, referring to a grade of Russian oil typically consumed in Asia."Incremental growth in demand for Russian crude will mean we will now have to reassess our assumptions for Russian production shut-ins."
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
U.S. holds drills in South China Sea amid tensions with ChinaThe U.S. Navy and Marine Corps are holding joint exercises in the South China Sea at a time of heightened tensions with Beijing over the shooting down of a suspected Chinese spy balloon.
Les mer »
US Holds Drills in South China Sea Amid Tensions With ChinaThe U.S. Navy and Marine Corps are holding drills in the South China Sea at a time of heightened tensions with Beijing over the shooting down of a suspected Chinese spy balloon.
Les mer »
US Holds Drills in South China Sea Amid Tensions With China Over BalloonsThe U.S. Navy and Marine Corps are holding joint exercises in the South China Sea at a time of heightened tensions with Beijing over the shooting down of a suspected Chinese spy balloon.
Les mer »
US holds drills in South China Sea amid China balloon tensionsThe 7th Fleet based in Japan said Sunday that the USS Nimitz aircraft carrier strike group and the 13th Marine Expeditionary Unit have been conducting “integrated expeditionary strike force operati…
Les mer »
How Will China's Spy Balloon Affect US-China Relations?Chinese spy balloon drifting into US airspace as the crisis that it would, well, balloon into. Countries spend large amounts of resources
Les mer »
US holds drills in South China Sea amid tensions with ChinaThe 7th Fleet based in Japan said the USS Nimitz aircraft carrier strike group and the 13th Marine Expeditionary Unit have conducted “strike force operations” in the South China Sea.
Les mer »