27 November 2025: 08:30 GMT
Happy Thanksgiving, folks! Hopefully, you all received a thoughtful gift from your loved ones – much like China’s independent refiners received a very sweet one from Beijing. Sources have shown The Officials the full first batch of crude import quotas for 2026 (remember these allow for imports in December too!). And the appetite for crude is even higher than last year (look at page 3)
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We invite you to read our reports, which are published twice a day, reflecting closing values at 16:30 Singapore time (SGT) and at 16:30 London time (GMT/BST). For any comments, please reach out to us through the emails provided in the signed documents.

