The United States will sell 32 million barrels of crude from four Strategic Petroleum Reserve (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said as it auctions oil to try to lower global prices.
German crude oil import volumes fell 7.1% in the first eight months of 2021 year-on-year as the COVID-19 pandemic and related lockdowns hit industry, but the bill was up by a third due to higher prices, official data showed on Wednesday.
Latin American crude gained ground in India's oil imports in September, with its share rising to an 11-month high as buyers replaced costlier Middle Eastern grades, data from industry sources showed.
China's September crude oil imports fell 15.3% from a year earlier, data showed on Wednesday, as companies drew on inventories amid rising global prices and as tightened import quotas continued to constrain purchases.
China's daily crude oil imports were up 8% in August from July, customs data showed on Tuesday, as refiners increased purchases, betting on robust demand for fuel oil products.