China 'teapot' refiners halt plants as new fuel tax bites, sources say
Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese tariff and tax policies plunge them deeper into losses, ...
China’s Oil Teapots Cut Runs to Pandemic Levels After Sanctions
Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as ...
Crude Oil Prices8d
Chinese Refiners Slash Run Rates as Sanctions Cripple Russian Crude Supply
Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...
MNI8d
OIL: China Teapot Run Rates Fall to Lowest SInce March 2020
Run rates at China’s Shandong teapot refineries has fallen to the lowest since March 2020 at 43.64%, according to Mysteel Oilchem cited by Bloomberg.Activity at teapots will likely fall further in ...
Reuters29d
China's vast refining sector faces shakeout as fuel demand peaks
Worst off are independent fuel producers known as teapots, mostly located in east China's Shandong, which make up a quarter of the industry. They operated at just 54% of capacity last year ...
Bloomberg L.P.23d
Asia Oil Refiners Cut Run Rates, Mull Closures as Costs Soar
Asian oil refiners — from Chinese teapots to processors in Singapore and South Korea — are either cutting run rates or considering it as the impact of US sanctions on Russia ripple through the ...
Business Insider3y
Why China's centuries-old Zisha teapots are so expensive
An curved arrow pointing right. Zisha teapots are some of the first teapots ever made. The same techniques used in 14th-century China are used to make them today. A zisha teapot typically holds ...