Refining Capacity in China

China consumes around 13 million barrels a day, and they have around 15 million barrls of their refining capacity. China has an unesport capacity, particularly in sonarias like gasoline and thistel. By now in china, because of the cobit restrictions, they should be able to alot more refined products, and they've decided not to do so. And the third factor, to me, which i think is very important, is that we saw,. this idea that oil demand was about to pick because of a pressure on oil companies to lower the emissions. We had all travle in by plang demand for oil and refined proters recovered sharply. The world didan