Chinese refineries processed 102.49 million tons of crude oil during the first two months of the year, up 6.1 percent on the year, according to customs data. This translated into 12.68 million bpd, which was the highest on record, according to calculations made by Reuters. Most of this crude oil, based on import figures, came from abroad. February marked the fourth month in a row of crude oil imports into the country exceeding the 10-million-bpd mark. In February, China imported 39.22 million tons of crude, or 10.23 million bpd, up 21.6 percent…