Chinese refiners processed 39% more crude oil last month, with the total at 60.83 million tons, or 14.86 million barrels daily, official data cited by Reuters showed. The November daily average was a slight dip from October, when the average refinery throughput stood at 14.94 million barrels, but this was most likely a result of maintenance that took 1.2 million barrels daily in capacity offline in November, according to Kpler senior oil analyst Muyu Xu. While some refineries did maintenance, however, independent refiners stepped up their runs…
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