CHINA DATA: July crude throughputs to keep rising amid good demand, end of maintenance
The combined crude throughput for China’s refineries maintained the uptrend in July as domestic demand for transportation fuel improves and oil products exports rise, along with fewer maintenance works in the state-owned sector while the private refining complex kept lifting utilization, information collected by S&P Global Commodity Insights showed July 27. The average utilization rate at China’s four state-owned refiners…