CHINA DATA: Independent refineries boost discounted crudes imports 33% on month in July

China’s independent refineries boosted imports of discounted crudes from Venezuela, Iran, and Russia by 32.8% month on month to 8.3 million mt, or 1.96 million b/d, in July via the Shandong and Tianjin ports, S&P Global Commodity Insights data showed Aug. 10. The volume accounted for 79.7% of the sector’s total feedstock imports via the ports, compared with 83.7% in…