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Shandong Teapots Refineries Inventory Rate Rises

OIL

Crude storage capacity utilisation rates at Shandong’s independent refineries have risen in the week to Jan. 19, according to OilChem.

  • Crude storage utilisation was 44.1%, up 0.2 percentage points on the previous week.
  • However, this is down from 48.75% during the same period in 2023, according to OilChem figures.

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