Run rates at so-called teapots fell to 50.5% in the week to June 21, dropping below pandemic-era lows to the weakest since 2017

Iran slashes crude oil prices for Chinese refiners as shipments surge after the US-Iran peace deal, with ripple effects hitting global oil and crypto

China’s independent “teapot” refiners have slashed processing rates to their lowest level since 2017 as weak fuel demand, high crude costs, and export restrictions continue to…

Chinese crude imports fell to their lowest level since 2018 as the country relied more heavily on strategic reserves and reduced purchases from major Middle Eastern suppliers,…

Run rates at so-called teapots fell to 50.5% in the week to June 21, dropping below pandemic-era lows to the weakest since 2017