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Analysts from FGE NexantECA and Energy Aspects have trimmed their fourth-quarter forecasts for China's crude oil imports by about 400,000 barrels per day, citing a renewed rally in oil prices above $100 per barrel and tighter availability of cheaper barrels such as Iranian crude. The consultancies now expect Q4 imports of roughly 9.2–9.3 million bpd, well below last year’s average of 11.6 million bpd.
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