Reuters | Oil dips on falling Chinese crude imports; overall market still well supported Reuters China's October oil imports fell sharply from a near record-high of about 9 million barrels per day (bpd) in September to just 7.3 million bpd in October, data from the General Administration of Customs showed on Wednesday. That's their lowest level ... Oil Rally Halts As Saudi Purge Continues Why oil is on the boil Morgan Stanley raises its oil price forecast, warns US shale may struggle to meet demand |