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Subscriber OnlyMarketsChinese Refiners Go on Buying Spree as Oil Too Cheap to IgnoreIndependent processors take advantage of plunging spot pricesTraders said too early to tell if buying signals demand u-turnPhotographer: Akos Stiller/BloombergBloomberg NewsFebruary 14, 2020, 6:39 AM UTCUpdated onFebruary 14, 2020, 9:48 AM UTCSign up for Next China, a weekly email on where the nation stands now and where it's going next.A sudden oil buying spree by China’s independent refiners has taken Asian traders by surprise.
