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Asia s Oil Imports Hit Record High Despite Drop In Chinese Demand

Crude oil imports to Asia hit a record high in January despite the fact that Chinese imports fell below 11 million bpd

South koreaCharles kennedyRefinitiv oil researchInternational energy agencyEnergy columnist clyde russellOil market report forLunar new yearAsia commoditiesOil market reportCrude oil

Chinese Demand Will Drive Oil Prices This Year

While 2022 saw a rare decline in Chinese oil demand, the rebound of its economy in 2023 is set to shape oil markets this year

New yorkUnited statesSaudi arabiaGavin thompsonAsia pacificFatih birolTsvetana paraskovaAmin nasserWood mackenzieNew york timesInternational energy agencyOil market report forMonthly oil market reportSoutheast asiaExecutive directorOil market report

Russia s Oil Exports Rebound Ahead Of The EU Ban On Fuel Imports

Russia’s seaborne oil exports surged last week ahead of the EU ban on fuel imports from Russia and after Germany and Poland halted pipeline imports

Tsvetana paraskovaBloomberg julian leeCentre for research on energyInternational energy agencyOil market report forJulian leeOil market reportFinland based centreClean airCrude oil

Saudi Arabia s Energy Minister Slams Forecasters For Politicizing Data

Saudi Arabia’s energy minister has spoken out against organizations that he believes are politicizing data to undermine OPEC+

Saudi arabiaTsvetana paraskovaSaudi energyInternational energy agencyOil market report forSaudi press agencySaudi energy minister prince abdulazizOil market reportSaudi arabiaCrude oil

Upside Risks For Oil Are Growing

While oil prices are sitting near one-year lows, the upside risks going into the new year are building, and hedge funds are reacting

Tsvetana paraskovaEd moyaInternational energy agencySaxo bankSaxo bank hansenOil market report forStrategic petroleum reserveStrategic petroleumCommodity strategy ole hansenBrent crudeSenior market analystOil market reportCrude oilOil pricesHedge fundsMoney managers

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