China’s personal refiners snap up Heart East oil as costs fall National

China’s personal refiners snap up Heart East oil as costs fall

Revealed on Thursday, July 2, 2026 · 14:47 CHINA’S impartial refiners are making the most of less expensive oil from the Heart East after flows speeded up during the Strait of Hormuz, snapping up barrels from manufacturers together with Saudi Arabia and Iraq. Rongsheng Petrochemicals purchased spot Saudi crude for arrival in July, whilst Shandong […]