China Dominates in Oil Tanker Market as Refiners Prepare for IMO

China’s demand for crude oil shows no signs of abating.

China issues crude oil import quota for private refiners

China has issued additional crude oil import quotas of 4.31 million tonnes to seven independent refiners to be used for 2019, two sources with knowledge of the matter said.

85 pct of world’s refiners have no plan for shipping fuel change – KBC

Just 15 percent of the world’s refineries know how they will manage tighter rules on the amount of sulphur...

Indian refiners tap spot crude market to feed increased capacity

Indian companies have stepped up purchases of high-sulphur crude oil from the Middle East and Russia in the spot...

Europe’s refiners must stay nimble to avoid margin squeeze

Europe’s oil refiners will have to carefully manage production, possibly even turning to diesel, to sustain margins as high oil product inventories and uncertain gasoline demand growth threaten a model that has been lucrative over the past three years.

Asian Refiners Diversify Crude Oil Supplies To Reduce Impact Of Opec-Related Output Cuts

The difference in price between medium-heavy sour Dubai crude and light sweet Brent crude has hit its narrowest spread in nearly one and a half years due to bullish prices for Middle East sour crudes following OPEC’s decision to cut production made at the

China may approve more crude import quotas for independent refiners – Dongming

China could approve more crude import quotas for independent refiners that will bring the total volume to close ...