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CHINA DATA: Oct crude throughput seen easing from record highs on maintenance, weak demand

October 30, 2023 Comments Off

China’s crude throughput is set to retreat in October from the record high in September due to maintenance, weakening domestic demand, coupled with narrowing oil product exports access and feedstock shortage, information collected by S&P Global Commodity Insights showed Oct. 30. Refining sources and analysts said the headwinds are likely to have an extended impact, limiting the country’s throughput in…