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After OPEC cuts heavy oil, China teapot refiners pull U.S. supply to Asia

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After OPEC cuts heavy oil, China teapot refiners pull U.S. supply to Asia
20 February 2017, Singapore/Houston — Chinese independent, or teapot, refiners are bringing in rare cargoes of North American heavy crude in a new long-distance flow that traders say has only been made possible by OPEC’s output cuts and ample supplies in Canada and the United States. In April, at least 1 million barrels of the […] More »
After OPEC cuts heavy oil, China teapot refiners pull U.S. supply to Asia After OPEC cuts heavy oil, China teapot refiners pull U.S. supply to Asia Reviewed by Crude Oil Facilitators on 18:11 Rating: 5

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