China Refiners Snap Up September Russian Crude, Eye Iranian Oil as Mideast Supply Risks Grow

Strong demand for Russian oil from China to replace Mideast supply Two Chinese refiners buy most of the September-loading ESPO Some independents seek to resell Mideast crude for profit Chinese refiners in talks to buy cheaper Iranian oil SINGAPORE, July 23 (Reuters) – Some ​Chinese refiners have ramped up purchases of sanctioned Russian crude despite … Read more