CHINA DATA: Sep crude throughput likely to hit record high on robust holiday demand
September 29, 2023 Comments Off
Combined crude throughput at China’s refineries is likely to hit a new record high in September, as both state-owned oil giants and private refiners boosted utilization in anticipation of strong holiday demand, information collected by S&P Global Commodity Insights showed. Analysts expected throughput to remain at high levels in October, leading to surplus availability of oil products for export. “Domestic…
CHINA DATA: Sep crude throughput likely to hit record high on robust holiday demand
Combined crude throughput at China’s refineries is likely to hit a new record high in September, as both state-owned oil giants and private refiners boosted utilization in anticipation of strong holiday demand, information collected by S&P Global Commodity Insights showed. Analysts expected throughput to remain at high levels in October, leading to surplus availability of oil products for export. “Domestic…
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