Lower-than-average crude runs for the Shandong province-based independents known as teapots could erode China's oil appetite, placing additional downside pressure on a crude market already reeling ...

Lower-than-average crude runs for the Shandong province-based independents known as teapots could erode China's oil appetite, placing additional downside pressure on a crude market already reeling ...

The refinery the Treasury targeted for sanctions is China-based Shandong Shouguang Luqing Petrochemical Co., Ltd. "So-called 'teapot' refinery purchases of Iranian oil provide the primary economic ...