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(GL)WorldMass brawl between Galatasaray and Fenerbahce after Istanbul derby BusinessSouth Korea’s economy grows faster than expected in third quarter BusinessDyslexia Decoded: Students speak of how Dysolve cleared their reading difficulty in 100 Voices campaign BusinessStewart Information Services: director Bradley Allen Jr. buys $94,600 LocalSteve Yoo’s Return to South Korea Thwarted Again Despite Appellate Win; Third Lawsuit Also Heads to Supreme Court MarketsBinance Founder CZ Backs BNB Chain’s New High-Speed Layer 1 Network PoliticsAppeals Court Declines to Intervene in California Ballot LawsuitTRENDING TICKERS: $NTCT $III $DVLT $VG $LSCC $NET $GIL $CALX $QBTS $INV $ASTS $YSS $JKS $FORR $RMNI $EQT $PZZA $XTIA $FROG $DOCS $CC $RTX $BULL $FRHC $RRC $CNC $XRPN $HIMS $FTK $TZOOTechOpenAI announces three big science discoveries and a new way to work with academics BusinessAmpliación de los servicios de atención de urgencias en el sureste de San Diego BusinessFamily Law Attorney Humberto Quintanar Joins McKinley Irvin in Seattle LocalDaylight saving time ends soon: Here's where states stand on making it permanent ScienceSouth Africa's lion-petting industry: We spent three years investigating and here's what we found TechThe most popular streaming platforms in the US might not be what you think LocalIn 2026, two companies sued a Nevada county over a data-centre ban affecting 911 acres; they say official LocalCowabunga Bay waterpark in Henderson to close after 12 years in operation Local'Crash ur row only': United flight turned around after passenger allegedly said he'd 'hijack' plane BusinessThe Island of The Stars, La Palma, Hosts Artemis II Commander Reid Wiseman WorldEngland’s Harry Kane wins Ballon d’Or, Alexia Putellas takes women’s award BusinessBULL INVESTOR NOTICE: Webull Corporation Investors with Substantial Losses May Seek to Lead Shareholder Class Action Lawsuit - December 7, 2026 Deadline WorldFTC and 20 states sue Dollar General, accusing bargain chain of overcharging customers BusinessFlorida Southern College Celebrates Ben and Missy Albritton Citrus and Horticulture Complex Greenhouse Raising and Miller Planetarium Rededication TechCline AI Setup: 12 Steps, 60 Min [2026]BusinessFlagstar Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into Flagstar (FLG)BusinessInfosys Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into Infosys (INFY)BusinessGlobe Life Inc. Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into Globe Life Inc. (GL)WorldMass brawl between Galatasaray and Fenerbahce after Istanbul derby BusinessSouth Korea’s economy grows faster than expected in third quarter BusinessDyslexia Decoded: Students speak of how Dysolve cleared their reading difficulty in 100 Voices campaign BusinessStewart Information Services: director Bradley Allen Jr. buys $94,600 LocalSteve Yoo’s Return to South Korea Thwarted Again Despite Appellate Win; Third Lawsuit Also Heads to Supreme Court MarketsBinance Founder CZ Backs BNB Chain’s New High-Speed Layer 1 Network PoliticsAppeals Court Declines to Intervene in California Ballot LawsuitTRENDING TICKERS: $NTCT $III $DVLT $VG $LSCC $NET $GIL $CALX $QBTS $INV $ASTS $YSS $JKS $FORR $RMNI $EQT $PZZA $XTIA $FROG $DOCS $CC $RTX $BULL $FRHC $RRC $CNC $XRPN $HIMS $FTK $TZOO

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Tuesday, October 27, 2026Updated 00:23 UTC

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Beijing Pushes Domestic Oil Production as Iranian Supply Dries Up

Source: OilPrice.com · Oct 26, 2026 23:00 UTC

Aerial view of refinery storage tanks near Houston on the Gulf coast — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

China needs its biggest oil and gas producers to drill more, explore more, and build strategic supply bases as the Iran war forces Beijing to confront an uncomfortable reality: even the world's largest crude stockpile cannot replace a dependable supply of oil indefinitely. China's National Energy Administration has called on PetroChina, Sinopec, CNOOC, and other domestic producers to expand produc

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