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China independent refineries see govt raising fuel oil import quota: sources

November 14, 2023 Comments Off

China’s small independent refineries expect the government to raise the fuel oil import allowance for 2023 to allow them to bring in more barrels as an alternative feedstock for the remainder of the year, refining sources told S&P Global Commodity Insights Nov. 14. There has been widespread talk that the government would likely raise the 2023 fuel oil import allowance…