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China's Refiners Slash Runs To Lowest Since 2017, As Asia Refiners Slow Purchases Of Mid-East Oil
Run rates at so-called teapots fell to 50.5% in the week to June 21, dropping below pandemic-era lows to the weakest since 2017
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cryptobriefing.com
China's independent oil refiners cut operating rates to nine-year low
China's independent oil refiners in Shandong cut operating rates to roughly 50%, a nine-year low, as losses mount on every barrel processed.
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oilprice.com
China’s Teapot Refineries Cut Operations to Their Lowest Level Since 2017 | OilPrice.com
China’s independent “teapot” refiners have slashed processing rates to their lowest level since 2017 as weak fuel demand, high crude costs, and export restrictions continue to…
