Four refineries take cargoes for Jun/Jul delivery Around 80 mil mt quota available for Jun-Dec Using fuel oil lifts cost by $31/mt China’s independent refineries rushed to shop at least 210,000 mt of straight-run fuel oil to secure adequate feedstock barrels as they will be short of imported crude oil quotas in the second half of the year, refinery and trade sources told S&P Global Platts June 5-6. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At least four Shandong-based independent refineries have taken eight MR-sized cargoes of straight-run fuel oil recently for late-June or early-July delivery, and most of the deals were done in June, according to the sources. Those include four cargoes bought by Haike Petrochemical comprising three 280 CST fuel oil cargoes and one 380 CST fuel oil cargo for second-half June delivery, according to a company source. The premiums for […]