Demand of Russian Oil is on the decline in China under stricter sanctions.Chinese Refiners Shun Russian Crude.
Refrence to bloom Berg. Chinese oil refiners, ranging between state-owned oil giants to private teapot processors, are making fewer crude purchases of Russians in the aftermath of new Western sanctions on the top energy companies in Moscow as well as on their customers.Significant participants such as Sinopec and PetroChina have also canceled several cargoes of […]