Iranian oil sanctions waiver tightens discounts, strains China’s teapot refiners Temporary Iranian oil sanctions waiver narrows discounts, squeezing China’s teapot refiners and forcing some buyers to seek alternative crude sources. …
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refiners
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China Crude Oil Imports Drop 29% in May as Refineries Cut Runs China crude oil imports fell 29% in May to an eight-year low as refiners scaled back processing amid …
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Business
China cuts gasoline prices to ease refiners’ margin pressure as ceasefire deadline looms
by Sato Asahiby Sato AsahiChina cuts gasoline prices in first reduction this year after Iran ceasefire China cuts gasoline prices for the first time this year after a ceasefire in the Iran conflict, a …