China is refining more oil than the US for the first time ...Middle East

Quartz - Economy
China is refining more oil than the US for the first time
source : Quartz ( Middle East ) () 9
The US, home to more oil refineries than any other country, lost its title to China as the world’s largest refiner of raw crude oil in 2020. China began refining more crude oil into gasoline and other products for the first time during the pandemic, according to new data from the US Energy Information Administration (EIA), and it has largely remained in the lead.https://datawrapper.dwcdn.net/nZ3d1/1/The upset is largely due to the pandemic-related drop in demand for gasoline and jet fuel in the US, EIA reported. With fewer customers, low prices, and much less crude as US producers curbed drilling, refiners had little reason to operate. But Chinese oil refiners were primed to respond in the

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