Free Trial

China’s State Refinery Run Rates Hit New High

OIL

Run rates at China’s state-owned refineries increased to 83.12% on Sep. 7, according to OilChem data, the highest since Nov. 2021, when Bloomberg began tracking.

  • Meanwhile, gasoline inventories rose 2.9% on the week to 13.1m mt Sep. 7, rebounding from the over two-year low the previous week.
  • Diesel stockpiles rose 1.6% on the week to 16.8m mt.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.