China independent refiners’ Russian crude imports set to fall further from Feb lows

Capt. John

The appetite for Russian crude among China’s independent refiners fell to a nine-month low in February due to lower runs amid festive holidays and the Winter Olympics, while shipping risks and price volatility arising from Russia’s invasion of Ukraine may drive down inflows further in March....

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/031022-china-independent-refiners-russian-crude-imports-set-to-fall-further-from-feb-lows

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