China’s crude stockpiles rose in February amid a decline in refinery throughput as refined product demand took a hit due to the coronavirus outbreak, while crude imports remained largely steady, according to trade flow analytics and market participants. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The rise in China’s crude inventories was largely opportunistic as economic activity struggled to recover after an extended Lunar New Year holiday. Whether stocks continue to build will depend on how much domestic fuel demand and refinery runs can bounce back. Chinese refiners appear to have been pulling back on spot purchases in recent weeks, and lower volumes of oil-on-water suggest that the impact […]