Chinese refiners have delayed two major refining projects slated for 2026 deployment, freezing a combined capacity of 500,000 barrels per day (bbl/d) following Middle Eastern crude supply disruptions at the Strait of ...
China is expected to further increase crude oil imports from West Africa in February in spite of the country’s weak economic growth, with tankers estimated to load 1.38mb/d of crude, the highest daily level sinc...