Quotes from the news wire:
Domestic demand for refined oil products is very weak, which sent prices of the refined products down and largely reduced the revenue at refineries, but meanwhile raw material prices were high.
Found on Reuters 2 years ago
The high output data was mainly due to the two new plants, but still the figure exceeds our estimates as many refineries were shut for maintenance, we expect throughput to be lower in the coming months on extended plant shutdowns, because inventories of gasoline and diesel were at the high end and domestic fuel demand remained weak.
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