Chinese authorities have issued a third batch of crude oil import quotas to refiners for 2023, with overall allowances up by 20% in the first half of this year compared to the same period of 2022. China issued 62.28 million tons of import quotas to private refiners – those that need government authorization to import crude unlike state-held oil refining giants – in the latest batch, Reuters reported on Wednesday, quoting documents and sources. With the latest batch for 2023, the total crude import allowances for Chinese…
