China Oil Importer

China Oil Importer

China's crude oil imports in August recovered to an average 5.96 million b/d, surging 17.5% year on year, according to preliminary data released Monday, by the country's General Administration of Customs.

The volume was 6% higher than the July volume of 5.62 million b/d, which had been the first year-on-year contraction in crude imports since October 2013, the PLATTS reported.

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