Middle East Economic Survey


No 33


Chinas Crude Oil Imports Reach Record 19.63Mn Tons During July

Chinas crude oil imports for July reached a record 19.63mn tons, or a daily average for the month of 4.62mn b/d, according to data released by Chinas General Administration of Customs on 11 August. The figure is a 42% year-on-year increase above the data for July 2008, when imports amounted to 13.79mn tons (3.25mn b/d). July 2009 imports significantly exceeded the previous record,...