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China And Saudi Arabia Strengthen Ties With $10 Billion Petrochemical Plan

Saudi Arabia and China have renewed discussions about a joint refining and petrochemical complex, yet another sign of Saudi Arabia’s drift away from the U.S.

China s 2022 crude imports seen rebounding on new refineries, inventory refill | Hellenic Shipping News Worldwide

China’s crude oil imports could rebound by 6-7% this year, reversing 2021’s rare decline as buyers step up purchases for new refining units and to replenish low inventories, analysts and oil company officials said. Robust demand from China, which accounts for a tenth of the global crude trade, would help underpin global oil prices, keeping .

China s 2022 crude imports seen rebounding on new refineries, inventory refill

China s crude oil imports could rebound by 6-7% this year, reversing 2021 s rare decline as buyers step up purchases for new refining units and to replenish low inventories, analysts and oil. | January 27, 2022

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