Summary | The global crude price drop started in June last year
when the price was still above $100 per barrel. However,
Chinese refineries have not seen any benefit from this decline
because of weak downstream markets and high inventories that
had to be sold at lower prices.
when the price was still above $100 per barrel. However,
Chinese refineries have not seen any benefit from this decline
because of weak downstream markets and high inventories that
had to be sold at lower prices.
chinadaily.com.cn | 30 March 2015