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China turns up oil tap from Russia as purchases of US crude remain suspended in July

China’s crude oil imports remained robust in July, fuelled by higher Russian shipments, while China’s purchases from the US remained…

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New Business

Oil price crashed 13% in 2 days. Will the free fall reorder the global energy landscape?

The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and…

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New Business

As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

A deepening of economic relations between China and Saudi Arabia will advance the use of the yuan for oil purchases,…

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