China drew on crude stockpiles as refineries processed about 530,000 barrels per day more than was available to them from crude imports and domestic oil production, according to Russell.
Rising oil imports may curtail those draws, Russell noted.
Business
China uses crude stockpiles, but rising oil imports may curtail draws: Russell
Refineries processed about 530,000 bpd more than what was available to them from crude imports and domestic oil production
