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Chinese Refining Dips

OIL

Chinese crude throughput dipped by 11% in April versus a year prior according to today’s data from the National Bureau of Statistics.

  • China processed 12.61mn bpd of crude in April compared to 13.8mn bpd in March and 14.09mn bpd April 2021.
  • Processed volumes from January-April were down 3.8% from a year prior averaging 13.58mn bpd.

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