The throughput of Chinese refineries last month averaged 14.08 million bpd last month, up by 19.7 percent on the year thanks to the recovery in demand for fuels and China’s stocking up on finished products before maintenance season begins. Reuters reports the total amount of crude that passed through Chinese refineries during March was 59.
79 million tons, and while a substantial increase on the year, it was lower than the throughput of Chinese refiners during the first two months of the year. The total refinery throughput for the first quarter…Chinese Refineries Processed 20% More Crude In March
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