Market Chatter: Sinopec Restarts Purchases of Russian Oil After Pause Amid US Sanctions Risk

MT Newswires Live

2025/04/24

China Petroleum & Chemical or Sinopec (SHA:600028, HKG:0386) restarted purchases of oil from Russia after a break in March to gauge risks of US sanctions against Russian firms, Reuters reported Wednesday, citing trade sources.

Sinopec trading arm Unipec purchased oil Far East ESPO Blend oil from Russia for May, the report said, citing sources.

The purchase follows an absence of March and April-loading ESPO loads, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2097828714.EUR","symbol_name":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2529980673","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529980673","pubTimestamp":1745485048,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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