Chinese oil refining throughput jumped by 9% in July from a year earlier amid higher utilization capacity at state-owned refiners, according to official data released on Friday. Chinese refiners processed 14.85 million barrels per day (bpd) of crude oil last month, per the data from the National Bureau of Statistics cited by Reuters.
The crude processing throughput was slightly lower compared to June this year, down by 1.95%. June, however, saw the strongest oil refining levels in China in nearly two years. Improved fuel…China Maintained Strong Oil Refining Output in July
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