Chinese refiners expected to replace Venezuelan oil with Iranian crude, traders say

Chinese refiners expected to replace Venezuelan oil with Iranian crude, traders say

By Siyi Liu and Florence Tan SINGAPORE, Jan 7 (Reuters) – Independent Chinese refiners are expected to switch to heavy crude oil from sources including Iran in the coming months to replace Venezuelan shipments that have been halted since the United States ousted the country’s president, traders and analysts said. Caracas and Washington have agreed … Read more