Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Sources: China's UNIP suspends imports of US oil amid a trade dispute

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 253602
    Join date : 2012-12-21

    Sources: China's UNIP suspends imports of US oil amid a trade dispute Empty Sources: China's UNIP suspends imports of US oil amid a trade dispute

    Post by Rocky Fri 03 Aug 2018, 6:44 am

    Sources: China's UNIP suspends imports of US oil amid a trade dispute

    Sources: China's UNIP suspends imports of US oil amid a trade dispute 9207

    China's Unibek, the oil trading arm of state-owned oil giant Sinopec, has suspended crude oil imports from the United States due to an escalating trade dispute between Washington and Beijing, three sources said on Friday.
    The sources requested anonymity because they are not authorized to speak to the media.
    It is not clear how long the temporary suspension will last, but one source said that UNIPEC does not have any new reservations for US crude until at least October.
    Unipec and Sinopec, the largest oil refining company and the largest US oil buyer in Asia, have not responded to requests for comment.
    Chinese oil buyers have already slowed their purchases of US crude to avoid customs duties that Beijing threatens to impose on imports as a trade dispute between the world's two largest economies escalates.
    Beijing has put US energy products, including crude oil and refined products, on lists of goods that would impose a 25 percent import tax in response to similar moves from Washington. Beijing did not say when the fees would be imposed.
    Earlier this year, Unipec said it expected to trade up to 300,000 bpd by the end of the year, nearly three times the volume of its US crude trade last year.


      Current date/time is Fri 22 Sep 2023, 12:42 am