Singapore-Crude oil imports by China’s independent refiners in Shandong are likely to take a breather over the next few months after a sustained buying spree due to port congestion, lower processing margins, refinery maintenance and a decline in the availability of unused quotas, market sources said Wednesday. While infrastructural bottlenecks will hamper crude imports in June and July, overall import volumes over the second half of the year may also fall unless new import quotas are issued, market sources said.
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