You are here

Flow of unwanted fuel from China set to turn into deluge

Asia processors now have to contend with higher crude prices as well as the threat of lower refining margins


THE pace at which China exports the fuel it doesn't want is set to jump by more than four times in 2018, according to the nation's biggest energy producer.

That's a harbinger of bad news for processors in the rest of Asia - from South Korea to Japan and India - who now have...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to