Some Asian refiners have nominated lower than usual volumes of crude oil from Saudi Arabia in September as authorities in China and the rest of Asia have re-imposed restrictions to fight the Delta variant surge, officials at four refineries told Bloomberg . Aramco has notified those four refineries—one in Southeast Asia and three in Northeast Asia—that it would ship the crude they had asked for, the officials told Bloomberg. China Petroleum & Chemical Corporation, or Sinopec, is expected to reduce refinery run rates by up to 10 percent at some of its facilities amid renewed travel restrictions in China to fight a COVID wave, a commodity research analyst told Bloomberg in an interview on Tuesday. According to Jean Zou, an analyst at Shanghai-based commodities researcher ICIS-China, China’s largest refiner Sinopec is likely to reduce run rates at some refineries by between 5 percent and 10 percent in August, compared […]