Tag: OIL IMPORTS

Trump may include oil imports in new tariff plan

President-elect Donald Trump’s plan to impose a 25% tariff on Canadian and Mexican imports on his first day in office does not exempt oil from the trade sanctions

EU energy imports fall by 10% in second quarter of 2024

According to the EU’s statistical office, Eurostat, between April and June 2024, the EU imported energy products worth €94.9 billion, equivalent to a total of 177.9 million tonnes

Brazil strengthens its position as a crude oil supplier to Spain

Brazil continues to gain prominence among crude oil suppliers to Spain, after its sales tripled in May alone, making it the second-largest supplier this year, behind the United States

China’s imports of Russian oil near record high in March

China’s oil imports from Russia, including pipeline deliveries and maritime transport, rose 12.5% annually to 10.81 million tons, or 2.55 million barrels per day (bpd) last month, according to Customs Administration data

EIA: U.S. imports of Mexican crude oil fall to lowest on record

U.S. weekly imports of Mexican crude oil fell to its lowest on record in the first week of April, as Mexico’s state energy company Pemex has cut exports to supply more oil to its domestic refineries

Russia to deliver second oil cargo to Brazil in Sept

A tanker Apus loaded 100,000 tonnes of Varandey oil sourced by Lukoil in the Arctic port of Murmansk on Sept. 10, LSEG data shows. The vessel is expected to arrive in Brazil’s Pernambuco area at the end of the month, according to LSEG data

Russia remains China’s top crude supplier in July

Russia remained China’s largest crude supplier in July, Chinese government data showed, even as Russian shipments fall from all-time highs on narrower discounts and rising domestic demand crimps Russian exports

US mulls crackdown on Chinese imports of Iranian oil

The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran may not return to nuclear talks or may adopt a harder line whenever it does

China’s Saudi oil imports plunge 21%

China’s imports from Saudi Arabia fell 21 percent in May from a year earlier but retained their top ranking among suppliers for a ninth month in a row, customs data showed

Saudi Arabia holds spot as China’s top crude supplier in April

Shipments from Saudi Arabia were 6.47 million tonnes last month, or 1.57 million barrels per day (bpd), hitting their lowest since October, data from the General Administration of Chinese Customs showed