CHINA DATA: Jan-Sep crude throughput falls 5% to 13.4 mil b/d amid 3% GDP growth
China’s crude throughput fell 5.1% year on year over January-September as localized lockdowns to curb COVID-19 outbreaks took a toll on oil demand and the economy, pulling down GDP growth to 3% over the same period, National Bureau of Statistics data released Oct. 24 showed. The country’s third quarter GDP growth rebounded to 3.9% from 0.4% in Q2 as the…