United States

Market Update: Oil & Gas – June 2017

Jun 27, 2017
From the Global Energy Institute

In late 2015, the Chinese government loosened export quotas, and began allowing the exporting of refined fuel products. This had the impact of allowing Chinese ‘teapot’ refineries, small independent refineries, to enter the international energy markets, and enabled them to compete alongside the ‘big four’ state-run refineries.

Read: Market Update: Oil & Gas - June 2017