China is shifting from Russian to Saudi oil, according to tanker traffic statistics from the data analytics firm Kpler, as reported by the Reuters news agency....
According to industry sources cited by Reuters, China’s four major state energy companies have temporarily halted oil purchases from Russia following the US decision to impose sanctions....
Russian oil falling below the $60 per barrel price cap and the absence of new restrictive measures from the US have somewhat eased concerns among major...
According to shipping data showing how the trade war initiated by the US against China has spread to energy cooperation, China’s imports of liquefied natural gas...