global oil market -

Chinese oil refineries processing Iranian crude

5 Stark Truths About Chinese Oil Refineries Bankrolling Iran

Nova News2 months ago2 months ago09 mins

Introduction A few hundred miles from where Chinese leader Xi Jinping is preparing to host US President Donald Trump, a very different drama is playing out inside China’s giant oil hubs. Behind the scenes, a network of Chinese oil refineries has become one of Iran’s most important financial lifelines, buying large volumes of crude and…

Trump Venezuela oil deal: 50 million barrels of Venezuelan crude oil being transferred to United States

Trump Venezuela Oil Deal: What 50 Million Barrels Mean for Both Countries

Nova News6 months ago6 months ago07 mins

Trump Venezuela Oil Deal: What It Means for Oil Markets and Global Politics The Trump Venezuela oil deal could result in up to 50 million barrels of Venezuelan oil being sent to the United States, creating major economic and political consequences for both countries. The agreement follows a dramatic political shift in Caracas and signals…