OPEC’s crude production surged by the most in almost 30 years last month as its biggest members fought to dominate a global market devastated by the coronavirus crisis.
Saudi Arabia, the organization’s most powerful member, pumped a record of more than 11 million barrels a day as it waged a...
China’s March crude oil imports from top supplier Saudi Arabia fell 1.6% from a year earlier, while purchases from No. 2 supplier Russia rose 31%, Reuters’ calculations based on customs data showed on Sunday.
China’s March crude oil imports rose 4.5% year on year to 9.68 million barrels per day...