China’s largest crude oil buyer Sinopec aims to ship more cargoes from Brazil, the United States and Canada, to help ensure stable crude supplies as the Middle East boost refining capacity and Africa suffers disruptions. Shipments from the Americas hit an all-time high in March, boosting the region’s share of the Chinese market by 1.1 percentage points in the first quarter to close to 14 percent, data from Thomson Reuters Oil Research & Forecasts showed. “We’re facing a big challenge on the supply side,” said Chen Bo, president at Unipec, which purchases crude for Asia’s largest refiner Sinopec ( 0386.HK )( 600028.SS ). Asia needed to step up crude imports from the “new frontier”, the greater U.S. Gulf Coast […]