China's capacity to store oil and history of buying discounted supplies could help Moscow offset an EU embargo. China has at least 83 million barrels of spare inventory capacity that could be filled ...

China’s fuel demand may peak sooner than expected, which will reduce profit margins and force the closure of older, smaller, and less efficient oil refineries. As a result, up to 10% of China’s oil ...

Abu Dhabi National Oil Company (Adnoc) has increased its oil production capacity to 4.85 million barrels per day, up from the previous 4.65 million bpd level, the Emirati state giant has confirmed.