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Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow

China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive than usual, in part due to broadening US sanctions.

By: financialpost.com

Nov 28 2024
58
3989 Views

Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow — Chinese Buyers Soak Up Unsold

(Bloomberg) — China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive than usual, in part due to broadening US sanctions. Read More

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Purpose Investments Inc. Announces 2024 Estimated Annual Income and Capital Gains Distributions