Woodside's revenue declined in the latest quarter due to lower LNG and oil prices. Supertankers transporting crude oil to China have reached a one-year high, with 124 ships en route to the nation. China's March fuel oil exports dropped by 32% year-on-year, while imports of Russian oil surged to near record levels. Notably, China did not import any crude oil from Iran in March.
🇷🇺🇨🇳China's oil imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10.81 million metric tons, or 2.55 million barrels per day last month, according to data from the General Administration of Customs.-Reuters
🇷🇺🇨🇳China's imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10.81 million metric tons, or 2.55 million barrels per day last month, according to data from the General Administration of Customs.-Reuters
#China customs office data says the country imported 0 barrels of crude from #Iran in March #oott https://t.co/Z53X1aeP0D
#China crude imports in million metric tons by origin for the month of March - customs data #oott https://t.co/ahWkJCaINy https://t.co/OUvsRyTlGV
#China's imports of Russian oil near record high in March #oott https://t.co/YJceXidQ91
#China's March fuel oil exports fall 32% y/y #oott https://t.co/eNZ7jqgQtK
China's March fuel oil exports fall 32% y/y https://t.co/IaN3vbl3yL https://t.co/L3mn3oRCcm
Oil Supertankers Headed for #China Jump to the Highest in a Year Some 124 of the ships are bound for the nation Vessels set for the US climbed to the highest since February #oott https://t.co/1RRniGsGjk
Supertankers hauling crude oil to China surged to the highest in almost a year. https://t.co/0wwDVRCfAG
Woodside revenue falls from prior quarter on lower LNG, oil prices #oott https://t.co/fYqwMb2xpr