China has begun imposing new tariffs to crude oil from the U.S. In the continued escalation to Trump’s trade war, China also filed a complaint…
Tag: China
China has the largest oil demand in the world, according to reports
China’s crude oil imports exceed 10 million barrels per day, and its dependence on foreign countries is over 70%.
Hedge funds reduce net-bullish bets on Brent crude oil
on the bright side, Russian Energy Minister Alexander Novak said his nation’s alliance with OPEC, whose historic joint output cuts have helped support oil above…