Middle East Economic Survey


No 31


Chinas Crude Oil Imports Total 22.27Mn Tons In June

Chinese crude oil imports for June totaled 22.27mn tons (5.42mn b/d), according to data released by Chinas General Administration for Customs. The figure is 24.8% above the May import figure of 17.84mn tons (4.20mn b/d) and 34.1% above June 2009 crude oil imports of 16.61mn tons (4.04mn b/d). The June imports represent a monthly record for China, where demand for naphtha is rising rapidly as...