China’s ‘teapot’ oil refineries keep economy brewing – but surging crude prices leave them strained
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Source: Guardian Australia
Published: 2026-03-30 11:00 UTC+10:00
Section: China
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Asia, Military & Defence, Iran, Energy, Economy & Finance, China, World News, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
The factories, which buy cheap crude and turn it into fuel, are struggling as higher oil prices threaten their razor-sharp margins
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