Chinese refiners are ramping up imports of Iranian crude oil via shadow fleets and ship-to-ship transfers, bypassing sanctions and driving Iran’s oil revenues higher.

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Venezuela's oil exports on the rise as more cargoes head to China

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as the loss of the U.S. and European markets was offset by more cargoes sent to ...

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Oil Prices Take a Breather Ahead of OPEC+ Boost

Crude oil prices held steady as traders balanced expectations of rising OPEC+ supply with a surprise U.S. inventory build.

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Major Chinese ports keep Iranian oil flowing despite sanctions

From January to June, terminals in the port clusters around Qingdao, Dalian and Zhoushan have helped China purchase almost 1.4 million barrels a day of Iranian crude.

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Iranian Crude Oil Continues To Find Its Way To China Despite US Sanctions

Several Chinese ports have reportedly received millions of barrels of Iranian crude this year, undermining U.S. efforts to block Tehran’s oil revenue. Between January and June, China imported 1.4 ...

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