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Shandong refinery crude oil arrivals increased month-on-month, but remain significantly below year-over-year levels.
The latest data shows that as of the week ending March 15, independent refineries in Shandong received 2.838 million tons of crude oil, an increase of 184,000 tons from the previous week, a rise of 6.93%. In comparison, during the same period last year, independent refineries in Shandong received 3.284 million tons of crude oil, an increase of 1.888 million tons from the previous week, a growth of 135.24%. (Longzhong Information)