VOL. XLVII
No 06
09-February-2004
SUPPLY/DEMAND
Chinas Crude Imports Reach New Peak In 2003
Chinese crude oil imports reached a new peak in 2003, according to data released by the General Administration of customs on 19 January. The data showed that China imported 91.1mn tons of crude last year, equivalent to an average 1.83mn b/d, which was 31.2% higher than 2002 imports. The figures showed a strong rise towards the end of 2003, with December imports amounting to 9.3mn tons (2.20mn b/d) said to...
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