Tag: oil imports

Australia to Ban Russian Oil, Gas Imports

March 11, 2022
AustraliaBusiness & Economyeconomic policieseconomyEuropeMarketsoil importsRussia-Ukraine WarWorld
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Australia will soon prohibit the import of oil, natural gas, coal, refined petroleum products, and other energy products from Russia, the country’s Department of Foreign Affairs and Trade (DFAT) announced on March 11. The sanctioned products are specified in a document titled “Autonomous Sanctions (Import Sanctioned Goods—Russia) Designation 2022,” registered on the Federal Register of…

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China’s Crude Oil Imports in October Fall to Lowest in 3 Years

November 7, 2021
Business & EconomyChinaChina Business & EconomyEconomiesInvestmentoil imports
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BEIJING—China’s crude oil imports plunged in October to the lowest since September 2018, as large state-owned refiners withheld purchases because of rising prices while independent refiners were restrained by limited quotas to import. The world’s biggest crude oil importer brought in 37.8 million tons last month, data from the General Administration of Customs showed on…

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US Reliance on Russian Oil Surges to Record Highs Amid Tensions

June 17, 2021
ArchivedclimateInternationalNewsoil importsRussiaRussian oilUSUS NewsWorld
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WASHINGTON—Russian oil imports have set a new record in the United States despite the strained relationship between Washington and Moscow. Industry experts believe the Biden administration’s climate policies will make the country more dependent on foreign oil producers. The United States imported record levels of crude oil from Russia in March and is expected to…

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US Reliance on Russian Oil Surges to Record High Amid Tensions

June 17, 2021
ArchivedclimateInternationalNewsoil importsRussiaRussian oilUSUS NewsWorld
0 Comment

WASHINGTON—Russian oil imports have set a new record in the United States despite the strained relationship between Washington and Moscow. Industry experts believe the Biden administration’s climate policies will make the country more dependent on foreign oil producers. The United States imported record levels of crude oil from Russia in March and is expected to…

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