Brazil Becomes the Largest Crude Oil Supplier to China

Oil shipments from Brazil to independent refineries in China increased by 81.4% in the month to 1.21 million tons in August. Eight companies in China, including the trader Taifeng Hairun, imported Brazilian crude oil from the Lula, Iracema, and Sapinhoa fields during the same month. Platts’ research covers the barrels imported for refineries […]