According to China’s National Bureau of Statistics, crude oil production growth accelerated. In November, crude oil output from large-scale industrial enterprises reached 17.63 million tons, marking a 2.2% year-on-year increase—a 0.9 percentage point acceleration from October's growth rate. Daily output averaged 588,000 tons. From January to November, crude oil production by large-scale industrial enterprises reached 198.25 million tons, up 1.7% year-on-year. Crude oil processing maintained steady growth. In November, crude oil processing by large-scale industrial enterprises totaled 60.83 million tons, a 3.9% increase year-on-year, with an average daily processing volume of 2.028 million tons. From January to November, crude oil processing by large-scale industrial enterprises reached 675.07 million tons, up 4.0% year-on-year.

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