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 …

Iron Ore Future Drop To Six-Month Low On Worries About China’s Demand 20/06/22

Iron Ore Plunges Below $120 Amid Fresh Pessimism About Demand   Iron ore has given up all its gains made earlier this year, with fresh demand pessimism triggering Monday’s decline of more than 5% amid reports that blast furnaces are idling plants. The lack of a meaningful buy-side recovery, slow end-user demand and a weak …