China’s Independent Oil Refiners Slash Runs to Nine-Year Low

China’s independent oil refiners have slashed operating rates to a nine-year low, highlighting the lingering impact of the US-Iran war on the leading importer of Tehran’s crude.

By Rong Wei Neo, Sarah Chen · Bloomberg

China’s independent oil refiners have slashed operating rates to a nine-year low, highlighting the lingering impact of the US-Iran war on the leading importer of Tehran’s crude.