BEIJING : China's oil refinery throughput in April rose 18.9 per cent from a year earlier to the second-highest level on record, data showed on Tuesday, as refiners maintained high runs to meet recovering domestic fuel demand and build stockpiles ahead of the summer travel season.Total refinery throughput
BEIJING : China's oil refinery throughput in April rose 18.9 per cent from a year earlier to the second-highest level on record, data showed on Tuesday, as refiners maintained high runs to meet recovering domestic fuel demand and build stockpiles ahead of the summer travel season.
That compares with 12.6 million bpd in April last year, when throughput slumped due to the impact of widespread COVID-19 lockdowns on domestic fuel demand. Refinery runs have remained high as domestic fuel demand continues to recover following the lifting of COVID restrictions late last year. Increased runs at other refineries made up for the shutdown of some plants for maintenance in April, said Xu Peng, a refined products analyst at China-based consultancy JLC ahead of the data.
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