China's oil imports rose 14% in July



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Economy

Reuters

Thursday, 8/8/2019 23:07 Abu Dhabi time

    A field owned by China National Oil Corp. (Reuters)

A field owned by China National Oil Corp. (Reuters)

BEIJING (Reuters) – China's crude oil imports jumped 14 percent in July from last year, as refiners boosted output as profit margins rebounded, customs data showed 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.

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