CHINA DATA: July crude throughputs seen lower amid heavy maintenance
China’s crude throughput is likely to edge lower in July, weighed down by maintenance at state-owned refineries amid uneven oil product demand recovery and limited exports , S&P Global Commodity Insights data showed July 26. The country’s four state-owned refiners trimmed their run rates to around 73.5% in July, just marginally above the two-year low of 73.4% in May, while…