China scoops up cheap Russian oil – Bloomberg
Dec 3rd 2022 12:27am EST
Refiners have reportedly increased purchases as latest EU sanctions are about to kick in China’s oil refiners have started to snap up Russian crude shipments amid sharply lower prices and the looming EU price-cap measure, Bloomberg reported on Friday. According to its report citing anonymous traders, Chinese private processors, or teapots, purchased several cargoes of […]
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