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China Crude Oil Throughput Rose 6.45% in July

OIL

Crude oil throughput in Chinese refineries was 65.89m mt in July, a rise of 3.99m mt on the month, according to OilChem.

  • This is a 17.4% rise on the same period in 2022.
  • The statistics cover 165 refineries in China, according to OilChem
  • China’s refined oil products exports are expected to rise in August amid higher export profits.
  • Export levels for July were 3.4m mt, while China's planned exports of refined oil, stand at 3.23m t in August.
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