Middle East Economic Survey

VOL. LIII

No 48

29-Nov-2010

SUPPLY /DEMAND

Chinas Crude Imports Declined To 16.39Mn Tons In October

Chinese crude oil imports for October declined to 16.39mn tons (3.86mn b/d), down by 29.6% from a record high of 23.29mn tons (5.48mn b/d) in September, according to data released by Chinas General Administration for Customs. Year-on-year the figure is 15.3% below the October 2009 import volume of 19.34mn tons (4.55mn b/d). Chinas largest supplier during the month...