Vehicle Parts & Accessories

Sourcing insights and market trends for the vehicle parts and accessories industry.

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EIA: Crude Oil Processing in China Hit a Record High in 2023

Crude oil processing, or refinery runs, in China averaged 14.8 million barrels per day (b/d) in 2023, an all-time high, according to the US Energy Information Administration (EIA). The record processing came as the economy and refinery capacity grew in China following the country’s COVID-19 pandemic responses in 2022. China…

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