Middle East Economic Survey


No 25


Chinas Crude Oil Imports Remain Steady In May

Chinas crude oil imports amounted to 21.55mn tons during May, according to data released by Chinas General Administration for Customs. The May volume is little changed from April imports of 21.45mn tons. Crude imports on a daily basis averaged 5.07mn b/d for May. Year-on-year, China imports rose 20.8% over the May 2010 import figure of 17.84mn tons (4.20mn b/d). China imported a total of...