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China Oil Refineries Face Reckoning as Beijing Tackles Overcapacity

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.

By: financialpost.com

Jan 06 2025
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China Oil Refineries Face Reckoning as Beijing Tackles Overcapacity — China Oil Refineries Face Reck

(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. Read More

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