China Refinery Throughput Falls For First Time In 10 Years ...Middle East

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China Refinery Throughput Falls For First Time In 10 Years
source : OILPRICE ( Middle East ) () 23
Chinese refineries’ throughput fell for the first time in more than a decade during the first half of the year, by 6 percent to 13.4 million bpd. In June alone, processing rates were higher than in May, but some 10 percent lower than the all-time high reached last year in June, Reuters said in a report citing official data. Oil imports also fell in June, according to data from energy analytics firm OilX—by 1.6 million bpd to 9.2 million bpd. On an annual basis, OilX analysts noted, the June average was about 1 million bpd lower than…

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