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.
China's Refinery Throughput Jumps To Record Highs
| Source: | https://www.zerohedge.com/commodities/chinas-refinery-throughput-jumps-record-highs |
| Published: | Sep 15, 2023 |
| Author: | Tyler Durden |
| Post Date: | 2023-09-15 14:36:38 by Horse |
| Views: | 220 |
#1: BTP Holdings To: Horse (#0)
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. ;)
BTP Holdings posted on 2023-09-15 18:36:33 Reply Private Reply