China’s oil refinery throughput rose in March as refiners stepped up runs amid signs of a tentative economic recovery in the world’s second largest consumer of crude.
Total refinery throughput was 63.78 million metric tonnes, data from the National Bureau of Statistics (NBS) showed on Tuesday. That was equivalent to 15.09 million barrels per day (bpd), up from 14.45 million in the January-February period.
Run rates were 1.3 per cent higher than the figure of 14.9 million bpd last March, a record at the time, as refiners stockpiled fuel ahead of scheduled maintenance.
