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China's oil processing drops to 14.1 million barrels per day, raising market concerns.
China's crude oil processing fell to 14.1 million barrels per day in April, down from the previous year and month.
This decline, combined with high crude oil imports and low refinery usage, has raised concerns about China's oil market.
Meanwhile, in the US, fuel oil prices remained stable at about $2,280 per metric ton, supported by steady domestic demand and exports to Latin America.
Globally, fuel oil prices are influenced by crude oil prices, refinery output, demand patterns, and environmental policies promoting cleaner fuels.
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El procesamiento de petróleo de China cae a 14,1 millones de barriles por día, aumentando las preocupaciones del mercado.