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.
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
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.
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.
Amid US sanctions, oil buyers pull all levers to replace Russian shipments
As Indian companies begin talks with Saudi Arabia and Abu Dhabi this week, traders say discussions between refiners and the ...
The Express Tribune2h
Saudi Arabia pledges $600b investment in US
Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into ...
Saudi Arabia plans $600 billion in new US investment, trade over four years
Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into ...
Politico Europe9d
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 ...
Indian oil buyers pull all levers to replace Russian shipments
Indian oil refiners are urgently seeking alternatives to Russian crude, affected by recent Washington sanctions. They are ...
Saudi Arabia Gets IMF Growth Downgrade on OPEC+ Supply Moves
The International Monetary Fund downgraded its growth forecasts for Saudi Arabia by more than any other major economy it ...
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 ...
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.