Saturday, 30 June 2018

BP holds millions of barrels of oil off China as demand falters

BP holds millions of barrels of oil off China as demand falters

30 June 2018, News Wires — Four supertankers chartered by energy major BP have been held up or delayed off China’s east coast over the last two months, unable to fully discharge oil as slowing demand from the country’s private refiners starts to impact global markets. Two of the four BP-chartered very large crude carriers (VLCCs) …

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