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Title: China's Refinery Throughput Jumps To Record Highs
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... -throughput-jumps-record-highs
Published: Sep 15, 2023
Author: Tyler Durden
Post Date: 2023-09-15 14:36:38 by Horse
Keywords: None
Views: 200
Comments: 1

High margins on the export markets and peak domestic summer demand prompted China’s refiners to boost crude oil processing to a record-high 15.23 million barrels per day (bpd) in August, official Chinese data showed on Friday.

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#1. To: Horse (#0)

It seems China is getting oil from Russia and bypassing the U.S. Dollar.

I seriously doubt there will be any invasions planned like was done with Iraq for Saddam trading oil in Euros. He bypassed the Dollar Supremacy clause and paid the ultimate price.

Gas prices in China are not very unreasonable except for the fact that Chinese do not make nearly as much as the average American wage earner. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-09-15   18:36:33 ET  Reply   Trace   Private Reply  

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