New Surge in Chinese Refineries Post Lockdown!

Chinese refineries increased their run rates by 11 percent last month as the country began to emerge from the months-long lockdown.
At 13.1 million bpd, the April run rates were also higher than the average for the same month in 2019, although by less than 1 percent, Reuters reported.
To compare, in February, at the height of the outbreak in China, refinery run rates fell to the lowest in six years.
Now, refinery runs are expected to continue to rise as industrial activity in China recovers to...