Highlights January-November throughput up 5% to 14.2 million b/d Throughput in 2022 to rise 512,000 b/d: Platts Analytics November crude output gains 2.7% on year to 3.99 mil b/d Chinese refiners accelerated crude runs to their highest level in five months in November in response to Beijing’s call to lift domestic supplies, but similar rates are unlikely to be sustained in December due to feeble winter demand, easing local prices and tighter export quota availability.
Now The country’s crude throughput rose 5.5% month on month to 14.57 million b/d in November, National Bureau of Statistics data released Dec. 15 showed, as both state and independent refineries stepped up efforts to increase domestic oil product supplies. It was the first time since July when China’s overall monthly crude throughput rose above 14 million b/d. Both state-run and private refineries […]