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Posted 07/04/2022

Chinese Companies Paying for Russian Coal and Oil in Yuan

Russian coal and oil are paid for in yuan as the two countries maintains...

Posted 31/03/2022

Russia Offers India Steep Discount on its Crude

Russia is offering India heavy discounts on the direct sale of oil as major...

Posted 29/03/2022

Crude Oil Extends Loss on China Demand Fears, Russia-Ukraine Talk Hopes

Crude oil extended loss in Asian hours after sliding 7% on Monday on growing...

Posted 28/03/2022

China Oil Giant Plans Record Spending, Bolstering Energy Security Push

China Petroleum and Chemical Corp. (Sinopec) will spend record amount this year to increase...

Posted 17/03/2022

Big Take: Crude Purchase in Asia Highly Muted Given Widely Anticipated Volatility

Some Asian oil buyer are limiting spot purchases as Russia's invasion of Ukraine upends the...

Posted 16/03/2022

Yuan Based Oil Sales Deal Between Saudi Arabia-China Could Threaten Dollar Dominance in Global Financial Markets

The world's top export of oil Saudi Arabia and biggest oil importer China could...

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