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YULONG PETROCHEMICAL
India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year highChina’s appetite for Russian Urals crude is surging, reaching its peak since June 2023. This uptick follows India's substantial drop in Rus...- Sanctions shake up $20B Chinese refinery, western partners pull outWestern sanctions targeting Shandong Yulong Petrochemical for dealing in Russian oil have led to its isolation from global suppliers, custo...
- EU lists two Chinese refineries, trader Chinaoil in 19th package of Russia sanctionsThe European Union has imposed sanctions on two major Chinese oil refineries and a PetroChina trading unit. These companies are being targe...
- Sellers cancel deals with Chinese oil refiner Yulong after UK sanctions, sources sayChina's Yulong Petrochemical faces cancelled oil deals from major suppliers like Saudi Aramco and TotalEnergies following UK sanctions. Thi...
- US sanctions on Russian oil giants send shockwaves across ChinaChina's oil sector faces pressure from US sanctions on Russian energy firms. About 20% of China's crude imports come from Russia. Companies...
- Western pressure to hit Asian buying of Russian oil from December, sources sayAsian buyers of Russian energy face increasing pressure, potentially impacting India's oil imports from December. While China and India's s...
- China, India refiners scour the world for oil supplies as US sanctions to curb Russian supplyNew U.S. sanctions on Russian oil producers and ships will disrupt Russian oil supply to China and India, driving up prices and freight cos...
- Oil prices fall as US rate cut fails to boost market sentimentOil prices fell in Asian trading after a larger-than-expected Federal Reserve interest rate cut raised concerns about the U.S. economy. Bre...
- Asia's refiners face profit crunch as Kuwait cuts crude exportsLower Kuwaiti exports follow cuts from OPEC kingpin Saudi Arabia that have pushed Brent prices close to $90 a barrel and left little wriggl...
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