Chinese Refiners News Today

SINGAPORE: Chinese refiners asked for less Saudi crude oil for February, people with knowledge of the matter said on...

Price cuts would typically draw higher demand, but some of the multiple sources said refineries had already completed purchases for February-loading cargoes and planned their production runs, leaving little room to lift more Saudi oil.

China News: Rising prices of a popular Russian crude sold to China are expected to peak soon as more independent refiners are likely to switch to cheaper oil from

Day rates for very large crude carriers topped $100,000 this week as Chinese refiners begin to ramp up oil imports

Chinese refiners are importing huge amounts of oil ahead of winter, betting that, as the EU phases out Russian fuel, they will be able to take Russia’s place