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JX set to trim crude runs y-o-y in October but product exports scheduled to grow

Oil

Japan's largest refiner JX Nippon Oil and Energy Corporation has said that it will lower its crude processing for domestic consumption by 2% y-o-y to 978K b/d in October, Reuters reports. However, product exports are expected to rise by 10% y-o-y to 132K b/d (although this is down by 44K b/d m-o-m).