BEIJING: China will issue non-state crude oil import licenses to five refiners, including China National Chemical Corp and four independent refiners, the country’s commerce ministry said on Tuesday. The four independent refiners are Shandong Shenchi Group, Shandong Jincheng Petrochemical Group, Shandong Qingyuan Group and Hebei Xinhai Group, the Ministry of Commerce said on its website.
SBP dollar purchases fall to 16-month low at $154m
KARACHI: The State Bank of Pakistan (SBP) significantly reduced its dollar purchases from the interbank foreign exchange market in May,...
