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
Topic |   Energy

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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
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