china net crudeoil imports decline
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

China net crude-oil imports decline

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Arab Today, arab today China net crude-oil imports decline

Beijing - Qna

China''s daily crude oil imports fell 12 percent in September from last year''s record high, remaining below 5 million barrels per day for the fourth consecutive month as refiners drew on inventories amid volatile crude markets, according to Customs data . China brought in an average 4.98 million barrels per day (bpd) of crude oil last month, edging up from 4.95 million bpd in August, but well off an all-time high at 5.67 million bpd in September 2010, the data showed. Imports for the first nine months rose by a modest 4 percent on year to 188.36 million tonnes, or about 5.04 million bpd.  

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