China’s teapots snap up fuel oil after 5-year import hiatus – sources

China’s independent refineries are snapping up fuel oil, resuming imports after a nearly five-year hiatus, as Beijing’s crackdown on crude oil quota trading along with new fuel taxes limit refinery feedstock options. Five companies, including four refineries based in Shandong province and one local...

https://www.hellenicshippingnews.com/chinas-teapots-snap-up-fuel-oil-after-5-year-import-hiatus-sources/

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