China Cuts U.S. Oil by 90% — Canada Steps In
China has slashed U.S. oil imports by 90% amid escalating trade tensions, turning instead to Canada for record volumes of crude. In March, Chinese imports of Canadian oil reached an…
CrudeOil
China Hits 110M-Ton Oil Jackpot — What It Means for Global Energy
China’s China National Offshore Oil Corporation (CNOOC) has discovered a massive 110-million-ton oilfield, named Huizhou 19-6, located 106 miles off the coast of Shenzhen. Touted as China’s first large-scale clastic…