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PetroChina

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Situations

[ACTIVE] [BUSINESS] [AE] [CN] [SA]

Saudi Aramco oil supply shifts to China

2 clusters · 4 sources · last updated

Latest: Saudi Aramco bypasses Strait of Hormuz to supply oil to China

Saudi Aramco has implemented large-scale spot tenders to supply crude oil to Chinese refiners, including PetroChina, Sinochem Group, and Sinopec. To mitigate supply chain risks and security concerns stemming from tension

[ACTIVE] [BUSINESS] [IR] [SA] [US]

Strait of Hormuz maritime security and VLCC rate crisis

3 clusters · 4 sources · last updated

Latest: VLCC tanker rates hit historic highs amid global oil supply constraints

A crisis in the Strait of Hormuz has significantly disrupted global crude oil shipping, particularly affecting Very Large Crude Carrier (VLCC) traffic. In the second quarter of 2026, Middle East VLCC liftings fell by 40%

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