LAUNCESTON, Australia, November 17 (Reuters) – China’s refiners stockpiled crude oil in October, despite increasing processing rates and fuel exports to take advantage of high prices for refined products in Asian markets.
of China refineries processed the equivalent of 13.8 million barrels per day (bpd) in October, just below the 13.82 million bpd recorded in September, which was the highest in nine months.
However, the amount of crude oil available to refineries was 14.22 …