China’s Oil Majors Sell Barrels as Run Rates Drop to 2022 Low

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Bloomberg Markets 2 days ago • bloomberg.com

China’s Oil Majors Sell Barrels as Run Rates Drop to 2022 Low

Chinese oil majors are selling cargoes of West African and other crudes, according to traders familiar with the deals, a rare move that follows utilization cuts across government-owned refiners as the war in Iran upends…

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