CHINA DATA: April crude throughput seen sharply higher on year, easing from record high in March
China’s crude throughput was seen sharply higher year on year in April but dipping from the record high of 14.97 million b/d in March due to scheduled maintenance at both state-owned and small-sized independent refineries, information collected by S&P Global Commodity Insights showed April 27. However, the month-on-month decline in April was seen softer than earlier expected as new integrated…