China resumes storing crude oil as refinery processing slips


A crude oil tanker at a terminal in Zhoushan. — China Daily via Reuters

CHINA resumed adding to crude oil inventories in October as refinery processing slid from a record high and imports rose slightly from September.

About 560,000 barrels per day (bpd) was put into stockpiles in October, based on calculations using official data for imports, domestic production and refinery throughput.

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