Chinese Refiners Raised Output In October As Fuel Exports Continue To Climb ...Middle East

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Chinese Refiners Raised Output In October As Fuel Exports Continue To Climb
source : OILPRICE ( Middle East ) () 19
Crude oil processing rates at Chinese refineries inched up last month, by 0.8 percent, as demand for fuels increased globally. Total output during the month came in at 58.62 million tons, which is equal to some 13.82 million barrels daily, Reuters reported, citing official government data. This month, China’s fuel exports are expected to rise to the highest since April 2020, Reuters reported earlier this month, thanks mostly to the global diesel shortage that is driving higher production in China and higher profits. According to one Wood…

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