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.

especially if oil prices continue to be in the low $70s per barrel. After months of weak crude imports, China’s imports rose in November for the first time in seven months as lower prices ...

2024 crude oil imports 11.04 mln bpd ... Monday's data showed China's natural gas imports, comprising liquefied natural gas (LNG) and piped gas, rose nearly 10% to 131.69 million tons in 2024, a ...

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According to data compiled by Bloomberg, China's Oct apparent oil demand fell -5.4% y/y to ... US Oct retail sales rose +0.4% m/m, stronger than expectations of +0.3% m/m. Also, the US Nov Empire ...

West Texas Intermediate rose 0.8% to ... and demand for oil,” analysts including Natasha Kaneva said in the note. Limiting crude’s gains, consumer inflation in China fell further toward ...

Crude oil futures rose for a fifth straight session Friday to close the week near a three-month high, helped by optimism over the potential for further stimulus in China, the world's largest crude ...

Shares are mixed in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government's target but slowing from the year before ...