Jonathan Standing News

China crude oil output up

China's refinery crude throughput in March rose 2.6 percent from a year earlier to 41.92 million tonnes, or 9.87 million barrels per day (bpd), data from the National Bureau of Statistics showed on Wednesday. Daily crude runs, however, fell 5.7 percent from 10.47 million bpd in February, as refineries scaled back production amid high product stocks. (Reporting by Judy Hua and Jonathan Standing; Editing by Ed Davies) (1 Tonne=7.3 barrels