China’s independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude ...

China's fuel oil imports are expected to drop in early 2025 following a hike in the product's import tax from Jan. 1, ...

China's fuel oil imports are expected to slow down after the government increased import tariffs, putting further pressure on the already strained margins of independent refiners.

State-run Sinochem Group has received a crude oil import quota of 17.12 MM tonnes (t) for 2025, which will be for the group's eastern China refineries.

(Bloomberg) -- China’s independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on becomes a lot scarcer. Over a fifth of ...