- Beijing Slashes Import Quotas For Independent Refiners By 11%
December 30, 2021
Chinese authorities have granted 11 percent lower crude import quotas to independent refiners in the world’s top oil importer in the first batch of quota allowances for 2022.
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- China Oil Demand Seen Peaking In 2030
December 27, 2021
Crude oil demand in China is set to peak in 2030, until then driven by robust petrochemicals demand, research from state oil giant CNPC has suggested.
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- 2021: The New Statesman’s Charts of the Year
December 24, 2021
From vaccine inequality and fluctuating Covid-19 case rates to the rise and fall of GB News and the true state of levelling up, the New Statesman‘s data team has crunched the numbers behind the key news events and trends of the past 12 m...
- Consuming nations are gaining the upper hand in oil markets
December 20, 2021
As 2021 winds down, oil markets face uncertainties. Omicron has begun to change crude demand perceptions. Economies – especially in Europe – are beginning to stutter, and Canada is also under pressure, with increasing restrictions in pla...
- Chinese Teapot Refineries Ramp Up Oil Imports From Iran
December 17, 2021
Independent Chinese refineries increased its crude oil imports from Iran last month as the government issued a new batch of import quotas.
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