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Chinese Refiners Slash Crude Runs to Lowest Level Since 2022
Market Intelligence Analysis
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Why This Matters
Financial market analysis indicating neutral sentiment based on current trends.
Sentiment
Neutral
AI Confidence
50%
Time Horizon
Short Term
Affected Symbols
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the 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…
AI Breakdown
Summary
Financial market analysis indicating neutral sentiment based on current trends.
Time Horizon
Short Term
Original article published by
OilPrice.com
on May 18, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.