Exclusive-Sinopec steps up Russian oil imports to offset Mideast supply cuts, traders and tracker say
By Chen Aizhu, Siyi Liu and Trixie Yap SINGAPORE, Aug 6 (Reuters) - China's state-owned Sinopec Corp, the world's biggest refiner, has ramped up purchases of Far East Russian oil to compensate for Middle East supplies diminished by the Iran war, according to multiple trade sources and ship tracking data.
We haven't written up this one. Al-Monitor has the full story — the link below goes straight to it.
