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China puts 4 million barrels of Iranian oil into state reserves--source, Vortexa | The Asahi Shimbun: Breaking News, Japan News and Analysis

SINGAPORE--China has offloaded nearly four million barrels of Iranian crude oil into state reserve tanks in the southern port city of Zhanjiang over the past few weeks, a trade source and ship tracking specialist Vortexa Analytics said on Thursday.
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Source: asahi.com

China puts 4 mln barrels of Iranian oil into state reserves -source, Vortexa | Hellenic Shipping News Worldwide

China has offloaded nearly four million barrels of Iranian crude oil into state reserve tanks in the southern port city of Zhanjiang over the past few weeks, a trade source and ship tracking specialist Vortexa Analytics said on Thursday. The move comes as world powers are locked in tough negotiations with Iran to revive a ...
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China plugs tax loophole with import levies for key blending fuels

EnergyChina plugs tax loophole with import levies for key blending fuels Muyu XuChen Aizhu 3 minute read China will introduce hefty taxes on imports of light cycle oil (LCO), mixed aromatics and diluted bitumen from June 12 aiming to curb imports blamed for worsening a fuel surplus and polluting the environment. Authorities in south China have recently cracked down on illicit trade and sales of LCO, a blending fuel for diesel. The charges will inflate the cost of buying from regional suppliers...
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