Australia’s Q4 crude imports could fall below 13 million barrels on refinery closures

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Australia’s import of crude oil and other refinery feedstocks fell in September and the shipments are expected to continue falling in the fourth quarter as local refiners slash run rates and mull plant closures, industry and trading sources said Nov. 18. The country imported 6.08 million barrels in September, down 21.4% year on year and …

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