Independent refiners receive a record 50 of China’s Russian crude imports in Jan-Feb

摘要

The private refining sector likely received more than 50% of China’s crude imports from Russia over January-February, a record high and a clear sign that independent refiners were much more eager to take advantage of cheaper Russian barrels than their state-run peers in the wake of the EU price cap, S&P Global Commodity Insight data showed March 9.