China Ignores Price Cap And Buys Russian Oil At Deep Discounts ...Middle East

OILPRICE - Economy
China Ignores Price Cap And Buys Russian Oil At Deep Discounts
source : OILPRICE ( Middle East ) () 32
It appears to be business as usual for Chinese refiners, who continue to buy Russian crude and are ignoring the price cap imposed by Western countries. Due to tepid demand, however, China’s independent refiners are seeing the steepest discounts in months for Russia’s ESPO crude, traders told Reuters on Wednesday. The price cap on Russian crude imposed by the EU, the G7, and Australia came into effect on Monday, but China hasn’t joined the so-called Price Cap Coalition, which bans maritime transportation services for Russian crude…

Hence then, the article about china ignores price cap and buys russian oil at deep discounts was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China Ignores Price Cap And Buys Russian Oil At Deep Discounts )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Why Greenland Matters Even If Its Resources Don’t Pay
OILPRICE - before 7 hours & 30 minute
From Ambition to Activation: Organizations Stand at the Untapped Edge of AI's Potential, Reveals Deloitte Survey
PR Newswire - before 2 hours & 13 minute
CoreAge Rx Expands GLP-1 Access to Support New Year Weight Loss Goals
PR Newswire - before 8 hours & 33 minute
LightPath Technologies Acquires Amorphous Materials, Inc.
PR Newswire - before 9 hours & 27 minute
Kurdistan’s Oil Lifeline at Risk as Baghdad Payments Fall Short Again
OILPRICE - before 10 hours & 29 minute
Three Leading National Security Pros Join Greenberg Traurig in Washington, D.C., Amid Rising Global Risks
PR Newswire - before 11 hour & 24 minute
Amtrak to Hold Public Board of Directors Meeting
PR Newswire - before 7 hours & 12 minute
Europe Sets Its Sights on Brazil’s Rare Earth Riches
OILPRICE - before 8 hours & 18 minute
Venezuela Moves to Rewrite Oil Law as PDVSA’s Corruption Hangover Lingers
OILPRICE - before 9 hours & 33 minute
GameAbove Sports Expands Golf-Tech Portfolio With Investment in Smart Ball Innovator CHIP'd
PR Newswire - before 10 hours & 53 minute
Portland Unlocked TV Series Spotlights Portland on REAL Shows Network
PR Newswire - before 3 hours & 53 minute
New Chinese Constellations Dwarf Starlink Plans for Near-Earth Orbit
OILPRICE - before 11 hour & 16 minute


Latest News

Oil prices fall amid expectations of increase in U.S. crude oil inventories

before 22 minute

Cenovus Weighs $2 Billion Asset Sale to Rein In Debt After Major Merger

before 24 minute

Inside Zoomex: What "Proof Over Promises" Means in Practice

before hour & 59 minute

From Ambition to Activation: Organizations Stand at the Untapped Edge of AI's Potential, Reveals Deloitte Survey

before 2 hours & 13 minute

Portland Unlocked TV Series Spotlights Portland on REAL Shows Network

before 3 hours & 53 minute

Oil Prices Slip as Traders Look Past Kazakhstan Disruption

before 3 hours & 54 minute

India Deepens Energy Ties With the Gulf While Balancing Russian Oil Risk

before 6 hours & 23 minute

Bitmine Immersion Technologies (BMNR) annonce que les avoirs en ETH atteignent 4,203 millions de tokens, et que le total des avoirs en crypto-monnaie et en liquidités s'élève à 14,5 milliards de dollars

before 6 hours & 38 minute

Amtrak to Hold Public Board of Directors Meeting

before 7 hours & 12 minute

Why Greenland Matters Even If Its Resources Don’t Pay

before 7 hours & 30 minute

Europe Sets Its Sights on Brazil’s Rare Earth Riches

before 8 hours & 18 minute

CoreAge Rx Expands GLP-1 Access to Support New Year Weight Loss Goals

before 8 hours & 33 minute

EvolvOptic Selected to Provide Prototype Mirror Components for NSF OPAL Development

before 9 hours

Elon Musk's xAI Data Center Sparks Environmental Legal Battle

before 9 hours & 18 minute

LightPath Technologies Acquires Amorphous Materials, Inc.

before 9 hours & 27 minute