India refiners getting rare oil cheap as China demand slows

India refiners getting rare oil cheap as China demand slows
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25.02.2020

MOSCOW (MRC) -- Indian refining companies are snapping up rare crude grades as the coronavirus outbreak curtails China's demand for processing, executives and traders said, with prices for some grades falling by as much as 15%, said Hydrocarbonprtocessing. Chinese refiners have slashed output by at least 1.5 million barrels a day in February, or over 10 percent, after the virus outbreak h

Full article at mrcplast.com

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