China’s Sinopec to Slash Refinery Rates amid Crude Supply Shock

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FinBERT analysis of financial text showing neutral sentiment with 94.1% confidence.

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Neutral How the article is written, as reported by the source.

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Neutral Confidence 94% How confidence is read Horizon: Short term Impact: Low

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Source OilPrice.com
Claim China’s Sinopec to Slash Refinery Rates amid Crude Supply Shock
AI inference Neutral · 94%
Generated 2026-03-13 17:30

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Analysed by FinBERT Methodology v1.0 Generated
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huggingface-ProsusAI/finbert
Analysis version
huggingface-ProsusAI/finbert
Article id
57787

Original source

The top Asian refiner, China’s state-controlled Sinopec, plans to slash this month its refinery processing rates by 11-13% as crude supply is choked by the Middle East war, Reuters reported on Friday, quoting sources with knowledge of the refining giant’s operations. Sinopec, whose refineries account for a third of all Chinese throughput, plans to lower its crude runs by between 600,000 and 700,000 barrels per day (bpd) in March, from initial plans to process 5.2 million bpd. The loss in refinery throughput does not include regular…

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Original article published by OilPrice.com on March 13, 2026. Analysis and insights provided by AnalystMarkets AI.

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