China’s Unipec suspends imports of U.S. oil amid growing trade row -sources

China's Unipec suspends imports of U.S. oil amid growing trade row -sources-贸易战发酵,联合石化暂停进口美国原油
Published on: Aug 3, 2018
Author: Editor

China’s Unipec, the trading arm of state oil major Sinopec, has suspended imports of crude oil from the United States due to a growing trade spat between Washington and Beijing, three sources familiar with the situation said on Friday.

The sources declined to be identified as they are not authorized to speak to the media.

Chinese oil buyers had already slowed their purchases of U.S. oil to avoid a likely import tariff threatened by Beijing amid the trade dispute between the world’s two largest economies.

Unipec did not respond to requests for comment.

Source: Reuters

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