LONDON, Feb 5 (Reuters) - Rapidly slowing economic activity
in China halted Chinese crude buying as Brent crude futures
flipped into contango for the first time since July.
* Amid sharp refinery runs cuts, Chinese buying was largely
paused but major customers appear not to have issued any force
majeure declarations on existing crude purchases.
* Teapot refineries in China's Shandong province, accounting
for a fifth of crude imports, have halted spot tradi
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Added February 05, 2020
from Reuters Nigeria