Chinese refiners cool on crude purchases as oil futures rally

Chinese refiners cool on crude purchases as oil futures rally
WESPECH PTE LTD
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01.03.2021

MOSCOW (MRC) -- China's crude oil imports are set to slow in the second quarter after Brent prices hit a 13-month high, cooling demand and capping refiners' margins as they prepare to shut for planned maintenance, industry sources and analysts said, as per Hydrocarbonprocessing.Expectations of a recovery in global fuel demand and tighter oil supplies from Saudi Arabia and the United State

Full article at mrcplast.com

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