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China’s oil import outlook brightens after tumbling in H1

China’s oil import outlook brightens after tumbling in H1

FromOil Markets


China’s oil import outlook brightens after tumbling in H1

FromOil Markets

ratings:
Length:
20 minutes
Released:
Jul 29, 2021
Format:
Podcast episode

Description

China, Asia's biggest oil consumer, saw its January to June crude oil imports post negative growth for the first time in eight years, pulled down by sharp falls in May and June inflows. But there are expectations that the commissioning of new refining capacity would create incremental demand for cargoes. In a wide-ranging discussion with S&P Global Platts Senior Asia Energy Editor, Sambit Mohanty, Platts Global Head of Oil Pricing Vera Blei and Platts Analytics Global Head of Oil Demand Kang Wu share their views on the key global and domestic factors - including OPEC+ decision to ease quota limits and the potential return of Iranian barrels - that could influence the outlook on China's imports in the second half of the year and  in 2022.
Released:
Jul 29, 2021
Format:
Podcast episode

Titles in the series (100)

S&P Global Commodity Insights analysis of key oil price movements across the globe.