CHINA DATA\: Dec crude oil throughput falls as refiners cut

CHINA DATA\: Dec crude oil throughput falls as refiners cut monthly run rate to 78%


CHINA DATA: Dec crude oil throughput falls as refiners cut monthly run rate to 78%
China’s crude throughput fell slightly in December, with both state-run and independent refiners posting lower run rates due to some maintenance works toward the year-end, latest industry data and information collected by S&P Global Platts showed.
State-run PetroChina’s average run rate fell this month due to maintenance at its subsidiary refineries, while another state-owned Sinopec’s run rates at its refineries were relatively steady from November.
The average run rate of the four state-owned oil majors, Sinopec, PetroChina, CNOOC and Sinochem, stood at around 78% to date in December, compared with the 80% average in November, according to the data.

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