SUPPLY/DEMAND

China’s Crude Oil Imports For February Reach Record 5.95Mn B/D

China imported a record 23.64mn tons or 5.95mn b/d of crude oil during February 2012, according to data released by China’s General Administration for Customs. This represents the largest daily import average since September 2010, when Chinese crude imports averaged 5.67mn b/d. February imports are 0.98% above January and 18.49% up from February 2011.

 

China Crude Oil Imports 2011-12

 

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