China's daily crude oil throughputs hit their lowest monthly level in March since December 2018 as state refiners maintained deep cuts in production levels as the coronavirus pandemic undercut fuel demand.
FILE PHOTO: A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. REUTERS/Jason Lee/File Photo
Crude processing volumes were 50.04 million tonnes, equivalent to about 11.78 million barrels per day , data from the National Bureau of Statistics showed on Friday. Total crude oil throughput in the first three months of 2020 were 149.28 million tonnes, down 4.6% from the same period last year.
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