China’s ‘teapot’ oil imports to stall on port bottlenecks

03 May 2016, Singapore — Logistical bottlenecks and swelling crude inventories will soon force China’s independent refiners to cut back on a surge of imports, possibly threatening a recent recovery in oil prices, said a senior official from China’s biggest private refiner. China’s independent oil refiners, known as teapots, were granted licenses to import crude […] More »