China’s crude oil throughput hit a fresh high of 14.26 million b/d in November, edging up 0.8% from the previous high of 14.14 million b/d in October, with a significant increase in the crude processing volume emerging from Zhejiang Petroleum & Chemical starting trial runs during the month. Receive daily email alerts, subscriber notes & personalize your experience. Register Now NBS releases data in metric tons, which S&P Global Platts converts to barrels using a 7.33 conversion factor. On a metric tons basis, the November throughput declined 2.5% from October to 58.35 million mt. Over January-November, Chinese refineries processed 614.41 million mt or 13.44 million b/d of crude, up 3.1% year on year on a metric tons basis, NBS data showed. The country’s crude output was 3.9 million b/d in November, up 1.2% year on year and 0.5% higher than the level in October. China’s crude production […]