Port congestion in China set to put brakes on Shandong refineries rising crude throughput, run rates

MOSCOW (MRC) -- The recent surge in China's crude procurement activity on the back of low oil prices has led to severe port congestion in Shandong province in recent weeks, causing logistical constraints that could put brakes on the upward momentum in independent refiners' run rates and crude throughput levels, reported S&P Global.China's crude oil imports jumped 19.2% on the year to an a

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