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Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/String Image used for illustrative purpose
SINGAPORE - Rongsheng Petrochemical, the trading arm of Chinese refiner Zhejiang Petrochemical, has bought 2 million barrels of Middle East crude in its term tender, trade sources said on Thursday.
The company bought 1 million barrels each of Abu Dhabi's Upper Zakum crude and Iraqi Basra Medium crude, they said.
The cargoes are for loading from February or March to December.
Sellers and prices were not immediately known.
(Reporting by Florence Tan; Editing by Clarence Fernandez) ((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))
