OEF Rapid Review Articles
China’s largest crude oil refiner Sinopec aims to ship more cargoes from Brazil, the United States and Canada to help ensure stable crude supplies. Asia, which will account for a third of the world’s refining capacity by 2020 will have to look beyond the traditional markets Middle East and Africa for crude supplies. China will soon import its first Southern Green Canyon and Thunderhorse crude from the United States, and Brazil overtook Venezuela as the top South American crude supplier to China in the first two months of this year.
LINK TO THE SOURCE ARTICLE:
The Americas Has The Potential To Become A Global Oil Trading Hub
