refinery processing rates – INFC E Paper

While China has continued adding to its strategic petroleum reserves during the war, processors have increasingly relied on refinery-held inventories rather than fresh imports, according to Kpler. (Representational Photo/AFP)

China’s oil imports plunge to eight-year low on war disruptions

China’s buying of oil from overseas slumped to the lowest in more than eight years last month, as the Iran war crimped supply and Beijing…

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