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Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow

China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive than usual, in part due to broadening US sanctions.

By: financialpost.com

Nov 28 2024
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Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow

(Bloomberg) — China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive than usual, in part due to broadening US sanctions. Read More

Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow

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