CHINA DATA: Independent refineries’ feedstock imports tumble to two-year low in April

China’s independent refining sector’s feedstock imports in April tumbled to the lowest level in more than two years, as the prolonged lockdown in major cities capped fuel demand and output, though crude imports could improve slightly in May should COVID restrictions ease, while some refiners were keen to buy Russian cargoes at steep discounts, industry sources said over May 6-10….