China, Shandong and Oil

Exclusive-China's Shandong Port, entry point for most sanctioned oil, bans US-designated vessels
Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many independent refiners that are the biggest importers of oil from countries under U.
Oil rises on signs of tighter market; key Chinese port said to ban U.S.-designated vessels
Crude oil futures rise on Chinese stimulus hopes and weather demand, while concerns over Iranian supply disruptions support Middle Eastern oil prices.
China’s Shandong Port, entry point for embargoed oil, bans entry of US-designated vessels
The eastern Chinese province is home to several independent refiners. In the last year, it imported about 1.74 million barrels per day from from Iran, Russia and Venezuela.
China's Shandong Port Group Blacklists U.S. Sanctioned Oil Vessels, Say Traders
China's Shandong Port Group issued a notice on Monday banning U.S. sanctioned oil vessels from its network of ports, according to three traders, potentially restricting blacklisted vessels from the network of major terminals on China's east coast.
Chinese port ban on US-sanctioned tankers tightens oil supply, Reuters reports
Shandong Port Group has prohibited U.S.-sanctioned tankers from accessing its ports in the eastern Chinese province, three traders familiar with the issue told Reuters. This region, home to many independent refiners,
China may trim fuel oil imports amid 2025 tax hike, sources say
China's fuel oil imports are expected to drop in early 2025 following a hike in the product's import tax from Jan. 1, ...
China Oil Refineries Face Reckoning as Beijing Tackles Overcapacity
China’s independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude ...
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China Issues Second Batch of Crude Oil Import Quotas
China issued a second batch of crude oil import quotas for 2025 to its independent refiners, potentially boosting the country ...
Oil prices settle up on possible supply disruption, hopes for China demand
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western ...
Oil opens new year with strong gains on optimism over economic rebound in China
Crude oil futures rise on China stimulus hopes, geopolitical risks. Energy stocks and top gainers/decliners in energy sector.
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Rising oil prices fuel C.O. gas price rise as new year begins
Gas prices are ticking up on the High Desert and elsewhere in the first days of 2025. The major driver is a rally in crude ...
Asia's crude oil imports drop in 2024 as weak China weighs
Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China ...
Oil Rises on Optimism Over China’s Economic Recovery
Oil prices rose in the Asian morning session, driven by optimism over China’s potential economic recovery.
Crude oil futures rise amid inventory decline in the US
Crude oil futures rise as US inventories decline, OPEC production drops, and China bans US-sanctioned tankers.
Oil ends lower as signs of strong demand for Mideast crude fail to feed recent rally
Oil futures settled with a loss on Monday, with hopes for further economic stimulus from China and signs of strong demand for Middle Eastern crude failing to support prices in the wake of a ...