Chinese oil demand is on the mend, with several refiners planning to ramp up processing rates considerably, according to a Reuters report citing unnamed sources in the know. Per these sources, at least three state-owned refiners and one private refining major have plans to increase processing rates by 10 percent next month from this, expecting higher demand for fuels, especially from abroad. Europe is an obvious source of this higher demand after an embargo on Russian crude oil kicks into effect in December and an embargo on fuel imports follows…
Hence then, the article about chinese oil refiners to ramp up output as demand rebounds was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Chinese Oil Refiners To Ramp Up Output As Demand Rebounds )