Chinese Independent Refineries Secretly Snap Up Discounted Russian Oil (reports)…

A Financial Times report indicates that independent Chinese refineries have been covertly sidestepping western sanctions on buying Russian oil by taking crude purchase quotas from state-owned commodity trading enterprises.
A refinery in Shandong reportedly admitted to being anxious about publicly appearing to deal in Russian oil fearing third-country US sanctions.
The report follows news that the EU is looking to implement a complete ban on trade in all Russian oil within six months.

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