China’s state-owned CNOOC Ltd has started oil production from the Liuhua 11-1/4-1 oilfield secondary development project in the South China Sea. The project comprises two oilfields — Liuhua 11 ...

LAUNCESTON, Australia, March 20 (Reuters) - What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ongoing weakness in imports?

Some state-controlled Chinese refiners have reduced purchases of Russian oil loadings for March as they assess the risks of dealing with sanctioned entities and wait for more clarity about a possible ...