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Letter from London: Oil’s golden triangle
The interplay between OPEC+, China and the US will define oil markets throughout 2026
The curious case of oil-on-water
The market is facing being drowned in excess crude, but one caveat is that a large chunk is due to buyers reluctant to snap up sanctioned barrels
China’s oil plan comes together
The country’s rapid output growth is an example that other producers could learn from
China seizes oil security opportunity
A combination of geopolitical uncertainty and OPEC+ barrels has driven a renewed focus on building strategic oil stocks despite flagging demand
Arctic LNG comes in from the cold
Beijing now appears prepared to accept discounted Russian LNG, even at the cost of heightened sanctions risk
China’s role as oil buffer stock manager
The country’s intervention in global oil markets to stabilise prices could last well into 2026
Power of Siberia 2: Deal or no deal?
There is a good strategic case for China to sign a deal for gas supplies via the proposed Power of Siberia 2 pipeline, but Beijing’s concerns around over-dependence on a single supplier and desire to drive down the price make it relatively unlikely a contract will be finalised this year
China creates two-tier oil dynamic
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
China’s oil output to scale new heights
New discoveries and stabilisation of legacy fields’ output have helped China reverse the decline and be a top-five producer in recent years
Oil demand ramps up air miles
Jet fuel will play crucial role in oil consumption growth even with efficiency gains and environmental curbs, with geopolitical risks highlighting importance of plentiful stocks
China Transport fuel Bunker fuel
Selwyn Parker
7 January 2019
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China adopts new shipping controls

The Asian giant is to follow the rest of the world in maritime emissions regulations

China's extension of its emission control areas to its entire coastline, starting from January 2019, exemplifies the pressure facing the global shipping fleet, bunkering industry, oil and gas majors, and fuel-testing agencies as they face imminent low-sulphur regulations. China's new controls, which were announced in mid-2018, bring its waters up to date with the regulations already applying in European Emission Control Areas (ECAs). As such, they look like setting a benchmark in a region that has not exactly been in a hurry to impose emissions restrictions on its waters. Beijing's regulations set a sulphur content limit of 0.5pc and will affect all vessels sailing within 12 nautical miles o

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