China, Russia and crude oil

China's crude oil imports from top supplier Russia reach new high in 2024
China's crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data showed on Monday, as refiners chased discounted Russian supplies to cope with weakened margins.
China’s crude oil imports from Russia hit new peak in 2024
China's crude oil imports from Russia increased by 1% in 2024, setting a new record compared with 2023. The rise in imports reflects China's preference for discounted Russian supplies amid weakened refining margins, reported Reuters.
Russia tops China’s crude oil suppliers in 2024
China’s crude oil imports from its largest supplier, Russia, surged to record levels in 2024, while imports from Saudi Arabia declined. Accordi
Chinese Crude Oil Imports From Russia Rose to a Record High in 2024
China's crude oil imports from Russia hit a record high in 2024, while imports from Saudi Arabia declined, reflecting a shift in China's sourcing strategy amid geopolitical tensions and sanctions.
China raises imports of Russian LNG by 3.3% in 2024
By Newsbase China has increased its reliance on Russian LNG with imports rising 3.3% to reach 8.3mn tonnes in 2024, Russian news agency Tass reported on January 20. Total imports of the super-chilled fuel from Russia cost China $4.
China imports record amount of Russian crude oil in 2024, Reuters reports
Imports of Russian crude oil to China reached a record high in 2024, rising by 1% compared to 2023, Reuters reported on Jan. 20. The Russian fossil fuel industry is the primary economic driver of Moscow's full-scale war against Ukraine.
Trump: On Russia-Ukraine, 'will get it done quickly; Saudi will join 'Abraham Accords'
US President Donald Trump reveals his plans to swiftly end the Russia-Ukraine war, pledging to resolve the conflict quickly.
Russia says it will help Vietnam become a 'partner country' in the BRICS bloc of developing nations
Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.” ...
KTVZ20h
Soaring cost of crude oil fuels price jumps at the gas pumps in C.O. and across Oregon, U.S., AAA says
The price of crude oil jumped to $80 a barrel last week, and that’s pushing pump prices higher in 45 states, including Oregon ...
Gulfbusiness.com on MSN13h
Saudi Aramco expects additional oil demand of 1.3 million bpd in 2025
Aramco’s Amin Nasser said that oil demand in 2025 will approach 106 million barrels per day (bpd) after averaging about 104.6 ...
Politico Europe8d
How Saudi Arabia became the world’s plastic cheerleader
The rich oil state has built a team of silver-tongued U.N. negotiators with a simple mandate: keep plastic production growing ...
Saudi Arabia's inflation slows slightly to 1.9% in December
Saudi Arabia's annual inflation rate fell slightly to 1.9% in December from 2% in November, according to government data ...
RBC Ukraine on MSN2d
Top sponsor of war against Ukraine purchases record volume of Russian oil
China increased its crude oil imports from Russia by 1% in 2024 compared to 2023, reaching a record level. Imports from Saudi ...
Russia and Iran Sign Cooperation Treaty in the Kremlin
The agreement is focused more on trade than military issues, but it will bring two countries with a shared desire to ...