Multiple cargoes carrying US crude oil arrived in Chinese waters in June as independent refiners resumed North American oil purchases in recent trading cycles, but the ongoing port congestion has significantly delayed the feedstock deliveries to the refining complex, according to market information collected by S&P Global Platts. Receive daily email alerts, subscriber notes & personalize your experience. Register Now As of July 3, four cargoes of US crudes totaling 631,000 mt were waiting in a long queue to be discharged and had been there since early June. As a result, not a single drop of US oil was delivered to the independent refining sector in June, S&P Global Platts data showed. The US cargoes stranded in the waiting line include Alaskan North Slope crude totaling 369,000 mt purchased by Luqing Petrochemical, Zhejiang Petroleum & Chemical and trading company MME. The rest was ZPC’s 262,000 mt of light sweet […]