THE HALFAX HEIMDALL AUGUR

China's 2025 Crude Oil Output to Exceed 200 Million Tons Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Iraq Is Keeping Its Syria Oil Route—Even If Hormuz Reopens Find us on: Persian Gulf exporters are racing… Oil markets may be celebrating… Aker BP will receive an… Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info China aims to maintaincrude production in 2025little changed from 2024, with output expected to come in above 200 million tons. In 2024, China's total oil and gas output exceeded 400 million tons of oil equivalent for the first time, the National Energy Administration (NEA) has revealed. China’s crude production clocked in at 213 million tons (4.9 million barrels per day), while natural gas production was 246.4 billion cubic meters (bcm). India’soil demand growthexceeded China’s for the first time in 2024, and is expected to do so again…

Why China Is Driving Short-Term Oil Prices But OPEC Still Holds The ... Authored by Charles Kennedy via OilPrice.com, China now drives short-term oil price moves as its opaque import patterns, refinery margins, and strategic stockpiling increasingly shape marginal demand and near-term price discovery. OPEC’s influence has shifted to the medium term. In times of genuine supply stress, pricing power returns to producers. For most of the past decade, oil markets have treated decisions by OPEC as the primary signal for price direction. That hierarchy is being tested, but not overturned. What has changed is where traders look for short-term cues. Increasingly, those cues are coming from China, not because Beijing controls supply, but because its buying behavior now dominates marginal demand and near-term price discovery. As reported by Reuters , China has overtaken OPEC as the most influential force in oil price formation, driven by the scale and timing of its crude purchases rather than any formal attempt to manage prices. The change shows us how oil markets have become increasingly demand-led, with China sitting right in the center. China is the world’s largest crude importer, but it…

China is helping cushion oil prices — but analysts warn it won’t last https://www.europesays.com/iran/151260/ A rapid reduction in Chinese crude imports has helped stop oil from trading even higher since the outbreak…

China's Oil Pumping Power Breaks All Records - OilPrice.com Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Qatar Eyes Quick LNG Restart Once Hormuz Reopens Find us on: Rothschild analysts say Linde, which… Researchers cited by Reuters say… The United States and Uzbekistan… Natalia Katona Natalia Katona is a freelance commodity analyst, based in the United Arab Emirates. More Info China is closing 2025 with the strongest domestic crude output in its modern history, ending its Seven-Year Action Plan (2019–2025) with measurable gains. National production has risen from 3.8 million b/d in 2020 toan average of 4.3 million b/d in 2025, a roughly 12% increase, driven by accelerated drilling activity, rising unconventional output, and the most significant restructuring of its upstream sector in decades. The expansion reflects Beijing’s strategic aim to strengthen energy security through domestic supply, even as overall d…

Why is the price of oil down and now higher? It isn't because the (fake) Iran ceasefire. Its Because China which has the biggest oil reserve, stop buying oil, as soon as oil prices gets to the price that China is looking for, they will start buying again and the price will skyrocket, that is coming

After US-Iran accord and oil-price plunge, analysts warn of ‘grey area’ for Chinese firms As plunging oil prices signal broad market optimism following an initial deal between the United States and Iran, attention has turned to whether Chinese firms sanctioned for Iran-related business will see immediate relief, though analysts remain cautious. “New purchases of Iranian oil ostensibly wouldn’t be subject to fresh sanctions, but at the same time, I imagine we won’t see a rush to lift existing sanctions on Chinese importers of Iranian oil,” said Lynn Song, chief economist for Greater...

Why oil has not hit $200 despite biggest supply shock in history — and ... Oil markets are behaving in a way that few experts expected. The effective closure of theStrait of Hormuz, combined with the loss of more than 10 million barrels per day of Middle Eastern supply, should have produced a severe price shock. Instead, crude has remained far below the $200-a-barrel levels that many analysts once viewed as inevitable under such circumstances.According to a Bloomberg report, the explanation lies in a series of extraordinary market adjustments. Bloomberg reported that record American oil exports, an unexpected slowdown in Chinese crude demand, coordinated reserve releases by major importing nations and alternative shipping routes from Gulf producers have collectively acted as a buffer. For India, however, the sustainability of those buffers may matter more than the current price itself. China has emerged as the biggest surprise in the market. Bloomberg, citing data posted by Vortexa Ltd, reported that the world’s largest crude importer cut inbound shipments by nearly 40% in May compared with last year’s average. That reduction was enough to offset between one-third and one-fifth …

Analysts were wrong about sky-high oil prices, and they have China to ... In the early days of the Iran war, analysts held the grim prediction that crude oil prices would top $200 a barrel , nearly  triple pre-war prices. But more than three months into the conflict, their fears have not materialized, and analysts have China’s trade activity to thank for it. Recommended Video “As the conflict enters its fourth month, one development stands out: prices have become remarkably calm,” JPMorgan analysts wrote in a note this week. Oil prices hovered around $94 a barrel on Wednesday following President Donald Trump’s announcement thatIran will “pay the price” for its laggard progress in brokering a peace deal. Wednesday’s oil price is still below the $104 per barrel from a month ago. China’s plummeting imports have effectively shielded oil prices from increasing, analysts said. The effective closure of the Strait of Hormuz, through which about 20% of the world’s oil supply is traded, has created the largest energy disruption in global history. But China’s reliance on its strategic oil reserves, with its total stockpiles touching 1.4 billion barrels, has helped steady what could be a cris…

Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears China’s crude oil demand is expected to peak this year, according to executives from the country’s largest oil firm, a scenario set to further reshape the global energy market following the Strait of Hormuz crisis. The world’s top oil importer would record slowing demand as reductions in the use of transport fuel outweighed gains in petrochemical demand, said Zhang Changbao, vice-president of China National Petroleum Corporation (CNPC) Asia-Pacific (Hong Kong), at an event in Hong Kong on...

How China and U.S. eased the oil shock and kept prices from ... - CNBC China and the United States have provided critical support to the oil market and helped ease the huge supply disruption in the Middle East and kept energy prices from surging even higher. The oil market has lost about 10 million barrels per day (bpd) of exports from the Persian Gulf due to Iran's blockade of the Strait of Hormuz, according to theInternational Energy Agency's latest update this week. It is the largest oil supply disruption in history, equivalent to about 10% of total global consumption. Butcrude priceson Thursday closed just above $100 per barrel, which is lower than the prices seen during smaller supply disruptions such as the one following the Russian invasion of Ukraine in 2022. One explanation is China and the U.S., the world's two largest economies, wield considerable influence over the oil market, and are using it to help plug the supply gap. China is the largest oil importer in the world. The U.S. is the biggest oil producer and an important exporter. Oil exports from producers outside the Middle East, led by the U.S., have surged by 3.5 million bpd during the Iran war, according to t…

Why China can withstand oil's surge more easily than other countries - CNBC In this article BEIJING — Surging oil prices following the Iran war are expected to impact China less than in past years as the country has built large crude stockpiles and diversified its energy sources, including renewables. As oil pricesclimbed past $100 a barrelfor the first time in four years, OCBC analysts said China may be "less sensitive to a prolonged closure of the Strait of Hormuz than many of its Asian peers." "China has accumulated one of the world's largest strategic and commercial crude reserves," the analysts said, adding that its "rapid transition toward electric vehicles and renewable energy provides an additional structural hedge." China held anestimated 1.2 billion barrelsof onshore crude stockpiles as of January. That's about 3 to 4 months of reserves, which will delay the economic impact, Rush Doshi, director of the China Strategy Initiative at the Council on Foreign Relations, said Monday on CNBC's "Squawk Box Asia." "China has taken the last 20 years to reduce some of its dependence on maritime oil flows," Doshi said, noting that newoverland oil pipelinesand some diversificati…

China is helping cushion oil prices — but analysts warn it won’t last https://www.europesays.com/3048307/ A rapid reduction in Chinese crude imports has helped stop oil from trading even higher since the outbreak…

Why China Is Driving Short-Term Oil Prices But OPEC Still Holds the ... Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices India’s Solar Capacity Set for 22% Annual Growth Through 2035 Find us on: Crude oil inventories in the… The American Petroleum Institute (API)… South America has become the… Charles Kennedy Charles is a writer for Oilprice.com More Info For most of the past decade, oil markets have treated decisions by OPEC as the primary signal for price direction. That hierarchy is being tested, but not overturned. What has changed is where traders look for short-term cues. Increasingly, those cues are coming from China, not because Beijing controls supply, but because its buying behavior now dominates marginal demand and near-term price discovery. As reported byReuters, China has overtaken OPEC as the most influential force in oil price formation, driven by the scale and timing of its crude purchases rather t…