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China cuts second batch of crude oil import quotas for private refiners – document, sources

Published by maria gbaf

Posted on June 22, 2021

· Last updated: January 21, 2026

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Oil tankers at Sinopec Yaogang oil depot, reflecting China's crude oil import quota changes - Global Banking & Finance Review
Image shows oil tankers at Sinopec Yaogang oil depot in Nantong, highlighting China's recent cuts in crude oil import quotas for private refiners, a significant development in global trading.
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