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SSY News
 CHINESE CRUDE IMPORTS CONTINUE TO RISE YEAR-ON-YEAR |
10-02-2010 |
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China’s crude imports averaged 4.05 mbpd in January, a 1.02 mbpd (33%) increase on volumes imported during the same month last year. The latest data does, however, represent a fall from last month’s record imports of 5.03 mbpd. Having exported an average of 639 kbpd compared with imports of 601 kbpd, China remains a net exporter of petroleum products, having become so in December for the first time since 1993. |
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