OilPrice
Two independent Chinese refiners have started buying feedstock for two bankrupt refineries that they acquired from a state-owned company, Reuters has reported, citing trade sources without naming them. Qicheng Petrochemical and Qirun Petrochemical, according to the sources, have so far bought a combined 4 million barrels of crude from Brazil and Angola…
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Chinese Teapots Start Buying Crude for Two Refineries
Elroy Haslett
14:20
Two independent Chinese refiners have started buying feedstock for two bankrupt refineries that they acquired from a state-owned company, Reuters has reported, citing trade sources without naming them. Qicheng Petrochemical and Qirun Petrochemical, according to the sources, have so far bought a combined 4 million barrels of crude from Brazil and Angola…
