Sinopec Rejects Iranian Crude Purchase Despite U.S. License – News and Statistics
Mar 28, 2026 According to a report from Oilprice, a senior executive at Sinopec stated the company will…
Venezuelan Crude Is Losing Its Appeal in China
Chinese state-owned giant PetroChina, which hasn’t bought Venezuelan crude since the U.S. imposed sanctions on Venezuela in 2019,…
The Real Reason Washington Wants Venezuela’s Oil
The timeline of the US–Venezuela conflict highlights a long-term strategy centered on securing heavy crude supplies for US…