SINGAPORE (Reuters) - Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over tepid domestic fuel demand and supply risks from U.S.
'With healthy simple margins, independent refineries in China are taking this opportunity to buy incremental crude to increase run rates'. Image by Alexey Bakharev via iStock At least two independent ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Chinese teapot refiners Fuhai Group and Shaanxi Yanchang Petroleum purchased ...
China’s independent refiners are accelerating purchases of Russia’s Far Eastern ESPO crude blend as Chinese refiners were issued new import quotas and the discount of Russian crude swelled to a record ...
Today, the United States intensified its economic pressure campaign against Iran by imposing sanctions on a major Chinese independent refinery, Shandong Shengxing Chemical Co., Ltd., for purchasing ...
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese independent, or "teapot" oil refinery and port terminal operators in China ...
SINGAPORE/LONDON, June 27 (Reuters) - China's oil imports from Iran surged in June as shipments accelerated before the recent conflict between Israel and Iran and demand from independent refineries ...
Treasury Secretary Scott Bessent on Thursday called Iran the world's leading sponsor of terrorism. Photo by Yuri Gripas/UPI March 20 (UPI) --Federal officials have sanctioned a Chinese oil refinery, ...
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