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India, China Bought 80% Of Russia's Oil In May: International Energy Body
India and China, the world's top oil users, continued to lap up heavily discounted Russian crude oil, buying as much as 80 per cent of the oil that Moscow exported in May, the International Energy Agency (IEA) said in a report.
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India Vies With China Over Russian Crude, Prices Rise
China, which is set to import record volumes of Russian crude in March, typically sweeps up all of the ESPO crude exported from the Pacific port of Kozmino due to close proximity while sanctions on Russian oil have shrunk the pool of buyers.
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Why Russia Favours Indian Market Despite China's Surging Oil Demand
While China could "buy literally the entire Russian oil exports" as it abandons Covid-zero policies, Russia will want to keep the Indian market because it is more lucrative.
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Oil Slumps To Lowest Since 2021 As China's Covid Protests Fuel Demand Worries
Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries
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Oil Prices Remain Steady As China Covid Worries Outweigh Supply Concerns
Oil prices were little changed today as COVID-19 cases in China continued to climb, sparking worries of lower fuel demand in the world's top crude importer.
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Oil Falls To 7-Month Low On Renewed Demand Fears, Rate Hike Expectations
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred worries of a global economic recession and lower fuel demand.
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Oil Falls Below $92 Per Barrel On Renewed Demand Worries
Oil prices fell on Wednesday as COVID-19 curbs in top crude importer China and expectations of further interest rate hikes fanned concerns of a global economic recession and lower fuel demand growth.
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Oil Crashes Below $95 A Barrel On Recessionary Worries After China Data
Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China, the world's largest crude importer, spurred fresh concerns about a potential global recession that could hit energy demand.
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Oil Prices Slide To Near Multi-Month Lows On Recession Fears
Oil prices dropped on Monday, hovering near multi-month lows, as recession fears hurt demand outlook and data pointed to a slow recovery in China's crude imports last month.
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Oil In See-Saw Mode, Drops Below $100 A Barrel On Demand Concerns
Oil prices fell $1 in early trading in Asia to below $100 a barrel on Monday, cutting into gains from Friday, as attention turned back to rising COVID-19 cases in China and the prospect of lockdowns again reducing fuel demand in the world's top oil importing nation.
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Oil Slides On Strong Dollar And Weaker Demand Outlook
Oil prices fell on Tuesday on a strong dollar, and expectations of weakening demand due to fresh COVID-19 curbs in top world crude importer China and fears of a global economic slowdown.
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Oil Tumbles About 6% As China COVID Lockdowns Weigh
Crude imports by China in the first four months of 2022 fell 4.8% from a year ago, but April imports were up nearly 7%.
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China Becomes Biggest Russian Oil Importer Amid Sanctions: Report
China's imports of oil from Moscow in May have risen 55 per cent year on year, making it the biggest Russian oil importer amid sanctions over the Ukraine war, Al Jazeera reported.
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China's Oil Imports From Sanction-Hit Russia Continue To Rise
China's imports of oil from Russia rose 55 percent in May, customs data showed on Monday, with the West sanctioning fuel imports from Moscow over its invasion of Ukraine.
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Oil slips on China lockdowns, but bullish trends intact
Oil prices have been rallying steadily over the last two months, led by big increases in prices of refined products due to tight refining supply and surging demand.
-
India, China Bought 80% Of Russia's Oil In May: International Energy Body
India and China, the world's top oil users, continued to lap up heavily discounted Russian crude oil, buying as much as 80 per cent of the oil that Moscow exported in May, the International Energy Agency (IEA) said in a report.
-
India Vies With China Over Russian Crude, Prices Rise
China, which is set to import record volumes of Russian crude in March, typically sweeps up all of the ESPO crude exported from the Pacific port of Kozmino due to close proximity while sanctions on Russian oil have shrunk the pool of buyers.
-
Why Russia Favours Indian Market Despite China's Surging Oil Demand
While China could "buy literally the entire Russian oil exports" as it abandons Covid-zero policies, Russia will want to keep the Indian market because it is more lucrative.
-
Oil Slumps To Lowest Since 2021 As China's Covid Protests Fuel Demand Worries
Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries
-
Oil Prices Remain Steady As China Covid Worries Outweigh Supply Concerns
Oil prices were little changed today as COVID-19 cases in China continued to climb, sparking worries of lower fuel demand in the world's top crude importer.
-
Oil Falls To 7-Month Low On Renewed Demand Fears, Rate Hike Expectations
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred worries of a global economic recession and lower fuel demand.
-
Oil Falls Below $92 Per Barrel On Renewed Demand Worries
Oil prices fell on Wednesday as COVID-19 curbs in top crude importer China and expectations of further interest rate hikes fanned concerns of a global economic recession and lower fuel demand growth.
-
Oil Crashes Below $95 A Barrel On Recessionary Worries After China Data
Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China, the world's largest crude importer, spurred fresh concerns about a potential global recession that could hit energy demand.
-
Oil Prices Slide To Near Multi-Month Lows On Recession Fears
Oil prices dropped on Monday, hovering near multi-month lows, as recession fears hurt demand outlook and data pointed to a slow recovery in China's crude imports last month.
-
Oil In See-Saw Mode, Drops Below $100 A Barrel On Demand Concerns
Oil prices fell $1 in early trading in Asia to below $100 a barrel on Monday, cutting into gains from Friday, as attention turned back to rising COVID-19 cases in China and the prospect of lockdowns again reducing fuel demand in the world's top oil importing nation.
-
Oil Slides On Strong Dollar And Weaker Demand Outlook
Oil prices fell on Tuesday on a strong dollar, and expectations of weakening demand due to fresh COVID-19 curbs in top world crude importer China and fears of a global economic slowdown.
-
Oil Tumbles About 6% As China COVID Lockdowns Weigh
Crude imports by China in the first four months of 2022 fell 4.8% from a year ago, but April imports were up nearly 7%.
-
China Becomes Biggest Russian Oil Importer Amid Sanctions: Report
China's imports of oil from Moscow in May have risen 55 per cent year on year, making it the biggest Russian oil importer amid sanctions over the Ukraine war, Al Jazeera reported.
-
China's Oil Imports From Sanction-Hit Russia Continue To Rise
China's imports of oil from Russia rose 55 percent in May, customs data showed on Monday, with the West sanctioning fuel imports from Moscow over its invasion of Ukraine.
-
Oil slips on China lockdowns, but bullish trends intact
Oil prices have been rallying steadily over the last two months, led by big increases in prices of refined products due to tight refining supply and surging demand.
