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Thursday, October 22, 2026Updated 23:35 UTC

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China's Petrochemicals Glut Turns to Crunch

Source: Rigzone · Oct 22, 2026 20:00 UTC

An oil tanker ship in the Houston Ship Channel — File photo roger4336 / Flickr · CC BY-SA 2.0 · Source

The Quick Take

China has burned through much of a petrochemicals glut built up by years of overproduction as the U.S.-Iran war chokes oil flows.

Read the full story at Rigzone

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