Tag: China crude oil imports

Omani Crude Caught in Chinese Tractor Beam

Oman’s crude exports in November increased to just under a million barrels per day, the highest level since September 2018, with deliveries to China hitting a record high. Omani crude typically heads to only about a dozen destinations, with China

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New Chinese Dawn in Bolsonaro’s Brazil

As the Brazilian economy opens up to international markets with Bolsonaro’s election, China is expected to put forth an aggressive approach to become an even bigger player in the Brazilian economy. Though the election of president-elect Jair Bolsonaro has generated anti-Chinese rhetoric in Brazil, strong economic ties between the two countries means divorce is unlikely.

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