China's oil imports in July rise as refineries recover



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BEIJING / SINGAPORE (Reuters) – Chinese crude oil imports rose 14 percent in July from last year, as refiners boost output as profit margins recover, according to statistics. Customs published Thursday.

Crude oil shipments to China reached 41.04 million tonnes last month, or 9.66 million barrels a day, according to data from the General Administration of Customs.

This compares with 9.63 million bpd in June and 8.48 million bpd in July 2018.

China, the world's largest oil importer, has purchased 285.64 million tonnes of crude oil in the first seven months of 2019, or about 9.84 million barrels per day, up 9.5 percent from the previous year. same period of last year.

(Tons = 7.3 barrels of crude oil)

(Reuters)

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