Chinese refnery runs continued to dip in March because of a drop in demand resulting from widespread lockdowns, turn- arounds and high crude costs. March crude runs were 13.8mn b/d, or 58.59mn t, accord- ing to data from the National Bureau of Statistics (NBS). This was down by around 1.3pc from January-February and lower by 2pc on the year, bringing crude runs in the frst quarter of 2022 to 13.9mn b/d (171.44 mn t), a drop of 1.5pc from the same period last year.
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