China, Russia and oil

Exclusive-China state firms curb Russian oil imports on sanctions risks, sources say
Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others scaled back volumes as they assess compliance following recent U.S. sanctions on Moscow,
Key Russia-China Oil Trade Back on Track as Sanctions Hit Dulled
Chinese buyers are back in the market for Russia’s ESPO crude, thanks to prices that have cooled as shippers and middlemen find workarounds to help blunt the impact of US sanctions.
Russia Ditches the Dollar and Turns to Bitcoin for Oil Trade with China and India
Russia isn’t waiting around for financial restrictions to ease. According to Reuters, Russian oil companies are sidestepping global
Russia leans on cryptocurrencies for oil trade, sources say
Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter. While Russia has publicly encouraged the use of crypto and last summer passed a law to allow digital currency payments in international trade,
Crypto Reportedly Fueling Russia’s $192B Oil Trade With China and India, Insiders Reveal
Russia is increasingly using Bitcoin, Ether, and stablecoins like Tether in its oil trade with China and India. Finance Minister Anton Siluanov previously confirmed that
Russia using cryptocurrency in oil trade with China, India to bypass sanctions, Reuters reports
The cryptocurrency scheme currently represents a small fraction of Russia's $192 billion annual oil trade, according to the International Energy Agency, but its usage is reportedly increasing.
Russia Turns to Crypto to Bypass Western Sanctions in Oil Trade: Reuters
While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions.
Russia Using Crypto in Chinese and Indian Oil Trade – Reuters
Russia is using cryptocurrencies in its oil trade with China and India to dodge Western sanctions, Reuters reported Friday, citing four sources with direct knowledge of the matter. Russia passed crypto mining legislation in August 2024,

Iran, China

Saudi crude oil supply to China to slump in April, sources say
Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...
Saudi Aramco’s Oil Sales to China Set to Fall Sharply in April
Saudi Aramco is set to supply the lowest amount of oil to China in at least 10 months, and possibly much longer.
Niger Orders Three Chinese Oil Officials Out of Country, Sources Say
NIAMEY (Reuters) - Niger's junta has ordered three Chinese officials working in the oil sector to leave the country, two sources familiar with the decision told Reuters on Friday, in the latest move ...
Asian shares advance, despite Wall Street's tumble, as China pledges to boost consumer spending
Asian markets have shrugged off another decline on Wall Street, with markets in China advancing after banks and other ...
Vladimir Putin Said 'Nobody Can Ban Bitcoin'—Now Russia Reportedly Leverages BTC To Evade Sanctions When Selling Oil To China, India
Russia has started employing cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to manage a growing ...
CERAWEEK China demand concerns, GDP growth threaten global oil prices, Vitol CEO says
Vitol CEO Russell Hardy said on Monday that he expects global oil prices to move in a lower range than over the past three to ...
OilPrice.com1d
Saudi Crude Supply to China Set for One Year Low in April
Saudi Arabia is set to significantly reduce crude oil shipments to China in April due to planned refinery maintenance, ...
Rigzone12h
Aramco Oil Sales to China Set to Fall Sharply in April
Aramco is set to supply the lowest amount of oil to China in several months, even as OPEC gears up to boost output.
China Piles the Pressure on India in Its Own Backyard
China has built up economic and military ties across the Indian Ocean. The region holds 40% of the world’s offshore oil and ...