Wall Street Journal (September 26)
2016/ 09/ 28 by jd in Global News
“As the oil bust shows little sign of reversing, independent refiners in China have emerged as perhaps the most important, and little-known, force in oil markets today.” Known as “teapots,” these refiners accounted for the vast majority of the 13.5% surge in imports this year by China, which now rivals the U.S. as world’s largest crude importer.”
Tags: China, Imports, Independent. Refiners, Oil, Oil bust, Surge, Teapots, U.S.
