CHINA DATA: State refiners boost runs to three-month highs of 82% in February
China state-refiners raised run rates to their highest level in three months in February, a move that would help more than offset a shortfall in supplies arising from run cuts undertaken at China’s Shandong independent refineries to main blue skies during the Winter Olympics. The average utilization rate at China’s four state-owned refiners gained further in February to a three-month…