An oil tanker unloads crude at a terminal in Zhejiang province. Private refiners received quotas for 70.65 million tonnes of imports – more than 20 per cent lower than a year ago. Photo: Reuters
China cuts quotas for crude oil imports in first round of allowances for 2019
- They total 89.84 million tonnes, down from 121.32 million tonnes a year ago – a move that may signal slowing demand growth in the first half
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Energy
An oil tanker unloads crude at a terminal in Zhejiang province. Private refiners received quotas for 70.65 million tonnes of imports – more than 20 per cent lower than a year ago. Photo: Reuters