COLUMN-Chinese private refiners buying more crude could hurt fuel oil: Russell

COLUMN-Chinese private refiners buying more crude could hurt fuel oil: Russell
LAUNCESTON, Australia, Aug 4 (Reuters) – China is poised to allow more private Chinese companies to directly import oil, a move that will have only a marginal impact on crude markets but may have a disproportionate impact on fuel oil prices. The vast majority …
Read more on Reuters UK

China plays on the rise
The main reason is the anticipation of the through train scheme that will let Hongkongers buy A shares on the Shanghai exchange and mainland investors buy Hong Kong-listed equities for the first time. The plan will begin in October but has already …
Read more on South China Morning Post (subscription)

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