Middle East Economic Survey


No 9


Chinas January Crude Imports Down 10.7% On Month To 12.8Mn Tons

Chinas crude oil imports for January 2009 totaled 12.82mn tons (3.02mn b/d), down 8% from imports in January 2008 and down by 10.7% from December 2008 imports of 14.37mn tons. During 2008, the country imported 178.9mn tons or an average of 3.58mn b/d. Most imports came from Saudi Arabia, which accounted for 3.14mn tons in January, or nearly 25% of all imports. Angola was the next...