News

China’s small independent oil refineries, known as teapots, have been thriving by processing discounted Iranian crude despite ...
This market operates in the Chinese renminbi and allows their crude-loaded “dark fleet” tankers to bypass international ...
U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese independent, or "teapot" oil ...
With healthy simple margins, independent refineries in China are taking this opportunity to buy incremental crude to increase ...
LONDON, May 19 - The possible lifting of U.S. sanctions on Iran's oil exports could deal a fatal blow to independent Chinese refineries that have thrived by processing Tehran’s discounted crude ...
US sanctions have pressured independent Chinese refiners, known as "teapots," to halt or struggle with Iranian crude oil ...
The US Treasury Department sanctioned an oil refinery in China — along with port terminal ... Hebei Xinhai Chemical Group, Ltd., a so-called teapot refinery in Hebei Province, was the main ...