$100 Brent Keeping China's Oil Buying in Check, Goldman Says

China's crude oil exports will rise only slightly in the fourth quarter from the third quarter if oil prices remain high, potentially easing the upward pressure on benchmark crude prices, Goldman Sachs says.

China's crude oil imports rose for the second consecutive month in August as refiners turned to additional non-Middle Eastern supply and boosted overseas fuel shipments amid eased export restrictions. China imported 8. 93 million bpd of crude oil in August, up by 6.