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Unipec on booking spree for oil tankers after trade sanctions eased

Published On 04 Nov 2019 10:48 AM


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Chinese oil traders Unipec, the trading arm of Asia’s top oil refiner Sinopec, have started a booking spree for oil tankers from the state-run oil company COSCO after trade sanctions on COSCO was eased by the USU.S.

The sanctions were imposed on the Chinese government-owned firm after a suspected action of moving oil from Iran after sanctions were slapped on Iran by the USU.S., it was one of the biggest unilateral sanctions imp....


Tags : Chinese oil traders Unipec, COSCO ,
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