Middle East Economic Survey


No 33


Chinas Crude Oil Imports Total 19Mn Tons In July

Chinese crude oil imports for July totaled 19mn tons (4.47mn b/d), according to data released by Chinas General Administration for Customs in early August. The figure is 14.7% below the import figure of 22.27mn tons (5.42mn b/d) in June and 3.2% down from July 2009 crude oil imports of 19.63mn tons (4.62mn b/d). The reduction in imports is linked to a decrease in throughput in Chinas...