OPEC+ supply hike chatter and Iraq’s Kirkuk-Ceyhan restart sparked the steepest daily oil price drop in nearly two months. China Triples ‘Indonesian’ Oil Imports as Iranian Tankers Shift Routes - China has posted a staggering increase in crude imports from Indonesia, a country that has supplied only one cargo of condensate to China last year, as Iranian sellers get increasingly innovative in their ship-to-ship operations.- According to customs data published by Beijing, Chinese imports of Indonesian crude amounted to 2.7 million...
Double Supply Whammy Knocks Down Oil Prices
