RE:China's Refinery Throughput Jumps To Record Highs +20%
- they are DOING the SAME THING as India
- IMPORT CHEAP Russian SANCTIONED crude oil, REFINE IT and EXPORT the END PRODUCTS (gasoline, diesel, jet fuel etc.) to FOREIGN MARKETS
- the ONLY DIFFERENCE between China and India is the DESTINATION of the REFINED PRODUCTS due to EXISTING RELATIONSHIPS and TRANSPORT COSTS
- basically, INDIA and CHINA are STEALING the Russian lunch money due to US/EU+ SANCTIONS on Russia due to the Ukrainian/Russian war
z173