Category archives: Fuel Oil

China’s May Oil Import From Russia Hit Record 20/06/22

China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply   China’s crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top supplier, as refiners cashed in on discounted supplies amid sanctions on Moscow over its invasion of …

Continue reading “China’s May Oil Import From Russia Hit Record 20/06/22”

Oil Price Rebound As The United States Announced New Sanctions On Iran 17/06/22

Oil rebounds as new Iran sanctions fuel more supply concerns   Oil prices rose on Thursday in topsy-turvy trading after the United States announced new sanctions on Iran, and as energy markets stayed focused on supply concerns that have sent prices soaring this year. The market slipped earlier as interest rate hikes in the United …

Continue reading “Oil Price Rebound As The United States Announced New Sanctions On Iran 17/06/22”