China’s Refinery Runs Slip as War Squeezes Crude Supply
Chinese refinery processed 2.2% less crude last month, at an average daily of 14.52 million barrels daily amid the war-related squeeze on oil supply. Fuel output was also down, with gasoline shedding 2.95% to 13.51 million tons and kerosene production falling by 3.72% to 5.13 million tons. Diesel fuel production was up modestly, by 0.88%17.49…