off-the-wire

China's March refinery throughput surges to record levels

Kitco Media
By Reuters
Published:
Updated:
Reuters
BEIJING, April 18 (Reuters) - Chinese refinery throughput surged to record levels in March as refiners stepped up runs to capture strong export demand and build up inventories ahead of planned maintenance. Crude throughput was up 8.8% last month compared with a year earlier, data showed on Tuesday.


Total refinery throughput reached 63.9 million tonnes, data from the National Bureau of Statistics showed, equivalent to 14.9 million barrels per day (bpd).


(tonne = 7.3 barrels for crude oil) (Reporting by Andrew Hayley; Editing by Christopher Cushing)

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