Chinese Refiners Slash Crude Runs to Lowest Level Since 2022

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Affected assets and topics

$OIL OIL CRUDE

Expected market reaction

Neutral Confidence 50% How confidence is read Horizon: Short term Impact: Moderate

Evidence trail

Evidence
Source OilPrice.com
Claim Chinese Refiners Slash Crude Runs to Lowest Level Since 2022
Affected assets OIL
AI inference Neutral · 50%
Generated 2026-05-18 09:20

AI provenance

Analysed by Rule-Based Analysis not AI Methodology v1.0 Generated
Technical identifiers
Provider tag
free-analysis-rule-based-analysis
Analysis version
free-analysis-rule-based-analysis
Article id
84609
Timeframe
6h

Prediction lifecycle

  • Rule-Based Analysis not AI OIL Neutral 50% 6h
    Generated 6h Excluded

    Excluded: no stored price within tolerance of this prediction's maturity, checked by rescore_expired_predictions

Logged at publication, scored automatically once the window closes — never edited.

Original source

Chinese refiners slashed their crude runs to the lowest level since August 2022 as China has reduced refinery utilization and slashed crude imports as oil prices soar amid the Iran war. Crude throughput at Chinese refineries slumped by 5.8% in April from a year earlier, to about 13.3 million barrels per day (bpd), according to official data from China’s National Bureau of Statistics published on Monday. That’s the lowest oil throughput since August 2022, when China was still under severe Covid-related lockdowns. The average…

Read the full article on OilPrice.com

Original article published by OilPrice.com on May 18, 2026. Analysis and insights provided by AnalystMarkets AI.

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