A refinery in Jingmen in central China's Hubei province on December 8, 2006. Photo: Reuters
A refinery in Jingmen in central China's Hubei province on December 8, 2006. Photo: Reuters

The devil in the detail catches unaware traders off guard from Beijing to Singapore amid epic crash in crude oil prices

  • Bank of China stopped allowing new positions in its US and UK crude products
  • China Construction Bank and Bank of Communications also suspended opening new positions on products linked to crude oil for individuals

A refinery in Jingmen in central China's Hubei province on December 8, 2006. Photo: Reuters
A refinery in Jingmen in central China's Hubei province on December 8, 2006. Photo: Reuters
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