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Crude Oil
China Raises Fuel Oil Import Quotas by 3 Mln Tons for Non-state Firms
China has issued an additional 3 million metric tons in fuel oil import quotas in 2023 for non-state firms, according to a notice released by the country's …
Oil & Gas Trade
Exclusive: Petrochina Aims to Resume Venezuelan Oil Imports After 4-Year Pause
Model of petrol pump is seen in front of PetroChina logo in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsChin…
Crude Oil
China Announces Total Amount of Non-state Crude Oil Imports Permitted for 2024
Non-state companies in China will be permitted to import a total of 243 million tonnes of crude oil in 2024, the same amount as is permitted this year, the Mini…
Oil & Gas Trade
Nigeria’s Palm Oil Imports From Malaysia Increased by 65.3% – Report
Nigeria’s palm oil imports from Malaysia, a leading global producer, increased by 65.3 per cent in the first nine months of 2023.Data obtained by our corr…
Oil & Gas Trade
India Is Using Chinese Yuan to Pay For 10% Of Its Russian Oil Imports, Rest in Rupee and Dirham
India is making about 10 percent of its payments for Russian oil in the Chinese yuan, ThePrint has learnt, with the rest of the payments being made in Indian ru…
Oil & Gas Trade
India's Oil Imports From Russia Climb to New Peak as Limit Nears
Source: Kpler(Bloomberg) -- India’s imports of Russian oil hit another record last month as the South Asian nation potentially nears the limit of its buyi…
Oil & Gas Trade
China’s Fuel Oil Imports Soar Due to Curbing Bitumen Blend Intake
China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspectio…
Oil & Gas Trade
Pakistan Eyes Economic Relief From Russian Oil Imports Due in May
Delicate diplomacy, refining capacity and forex payments pose challenges
Crude Oil
China Releases First Batch of 2023 Crude Oil Import Quotas
China has issued the first batch of crude oil import quotas for 2023, mainly to independent refiners, four sources familiar with the matter said on Saturday.
EU
EU’s Borrell Hopeful of Deal on Russian Oil Ban
European Union members should be able to reach an agreement on a new sanctions package against Russia, including imposing restrictions on Russian oil imports, d…
Crude Oil
EU Steps Up Purchases of U.S. Oil
EU crude oil imports from the U.S. are ramping up as the EU mulls an import ban on Russian crude.
Crude Oil
EU Prepares ‘Smart Sanctions’ on Russia
The European Union is preparing “smart sanctions” against Russian oil imports, The Times says, citing the European Commission’s executive vice-president, Val…
United States
US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban
US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …
Crude Oil
Japans' ENEOS Has No Plans to Sign Russian Crude Import Deals Following Invasion: Chairman
Japan's largest refiner ENEOS does not plan to sign any Russian crude oil import contracts following Russia's invasion of Ukraine, ENEOS Holdings Chairman Tsuto…
Crude Oil
China's Jan-Feb Daily Crude Oil Throughput Falls to Lowest Since End-2020
China's daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scale…
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