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    Home > Chemicals Industry > Chemical Technology > China's crude oil processing volume in June rose 8% year-on-year

    China's crude oil processing volume in June rose 8% year-on-year

    • Last Update: 2022-11-26
    • Source: Internet
    • Author: User
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    Preliminary statistics released by China's National Bureau of Statistics in Beijing on Monday showed that crude oil processing at Chinese refineries rose 8 percent year-on-year in June to 49.
    78 million tons, or an average of 12.
    16 million barrels
    per day, according to Platts reported in Singapore on July 16.

    In the meantime, China's crude oil processing volume increased by 2.
    5% month-on-month in June in barrel terms, rebounding
    from a two-month losing streak in May.
    S&P Global Platts Consulting's calculations, based on preliminary statistics released by China's National Bureau of Statistics, showed that China's refinery crude oil processing average per day in June was slightly below the record
    high of 12.
    18 million barrels set in March.

    The main reason for the increase in China's crude processing in June was that Chinese state-owned refiners Sinopec, PetroChina, Sinochem and CNOOC increased their planned average refining capacity to 79% in June from 76% in May, the first increase
    after three consecutive months of decline.

    In the first half of this year, the total crude oil processed by China's refineries increased by 8.
    9% year-on-year, reaching 299.
    61 million tons, or an average of 12.
    13 million barrels
    per day, according to statistics from China's National Bureau of Statistics.

    Preliminary statistics released by China's National Bureau of Statistics in Beijing on Monday showed that crude oil processing at Chinese refineries rose 8 percent year-on-year in June to 49.
    78 million tons, or an average of 12.
    16 million barrels
    per day, according to Platts reported in Singapore on July 16.

    In the meantime, China's crude oil processing volume increased by 2.
    5% month-on-month in June in barrel terms, rebounding
    from a two-month losing streak in May.
    S&P Global Platts Consulting's calculations, based on preliminary statistics released by China's National Bureau of Statistics, showed that China's refinery crude oil processing average per day in June was slightly below the record
    high of 12.
    18 million barrels set in March.

    The main reason for the increase in China's crude processing in June was that Chinese state-owned refiners Sinopec, PetroChina, Sinochem and CNOOC increased their planned average refining capacity to 79% in June from 76% in May, the first increase
    after three consecutive months of decline.

    In the first half of this year, the total crude oil processed by China's refineries increased by 8.
    9% year-on-year, reaching 299.
    61 million tons, or an average of 12.
    13 million barrels
    per day, according to statistics from China's National Bureau of Statistics.

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