Middle East Economic Survey


No 35


Chinas Crude Oil Imports Steady During July

China imported 19.43 mn tons of crude oil during July, according to data released by Chinas General Administration for Customs. July imports remained steady with the volume reported for June. Year-on-year, July 2011 imports are 2.3% above July 2010 imports of 19mn tons. During the first seven months of 2011, China has imported at total of 145.28mn tons, an average of 5.00mn b/d. Total imports...