Wall Street Journal | Oil and China: 'Teapots' Mean Real Demand Not So Stout Wall Street Journal China's rising crude oil imports may be nothing more than a tempest in a teapot. China's so-called teapot refineries—smaller, private outfits that operate outside the state-owned petroleum industrial complex—have taken center stage of late. Their ... Oil hits 8−month highs on US inventory draw, China imports |