Chinese Refining Rates Unexpectedly Plunge To All-Time Lows As Economy Falls Off A Cliff
--------------------------------------------------------------------
Source: Zero Hedge
Published: 2026-05-23 05:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Energy, Economy & Finance, China, Financial Markets, Business & Economy
--------------------------------------------------------------------
Snippet:
Two weeks ago, when discussing the market "mystery" of sliding physical crude oil prices, we said that the most likely culprit were Chinese refiners, whose refining margins had just collapsed to the most negative on record.
--------------------------------------------------------------------