Russian Refineries Send Record Fuel-Oil Flows to China in May
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Russia’s fuel-oil suppliers are on track for record exports to China this month as smaller refineries in the Asian nation increase the amount they use for blending.
Russian producers are set to sell over 350,000 barrels of fuel oil — a less valuable part of the barrel than gasoline and diesel — to China in May, according to data from the research firm Kpler.