China Scores Cheap Oil 14,000 Miles Away as Glut Deepens

China is finding oil supplies 14,000 miles away, aided by the global rout in prices that’s left producers vying for new markets. PetroChina Co. said it bought Colombian crude for a northern refinery for the first time because it was good value. The transaction underscores how the world’s second-…

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China Scores Cheap Oil 14,000 Miles Away as Glut Deepens

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