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China s crude oil imports drop for first time since 2001 | Business and Economy

Decline comes as Beijing clamps down on the refining sector to curb excess domestic fuel production.

Mia gengLiu yuntaoEnergy aspectsAdministration of chinese customs onGeneral administrationChinese customsUsiness and economy

Oil stable after publication of annual Chinese imports

Oil stable after publication of annual Chinese imports
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China taps oil reserve, refiners ramp up output to stave off diesel shortage

International crude benchmarks slipped on Monday but recovered following China's weekend statement that it would tap its state fuel reserve while national refiners ramp up output sharply to avert a diesel shortage in the world's second-largest oil user.

Mia gengFlorence tanShivani singhClarence fernandezThomson reuters trust principlesNational bureau of statisticsSinopec corpNational foodStrategic reserves administrationSengyick teeStrategic reservesNational bureauSeptember chineseAna nicolaciThomson reuters trustE 6x

REFILE-UPDATE 1-Rare China statement on gasoline and diesel release weighs on crude prices

International crude benchmarks slipped on Monday but recovered following China's weekend statement that it would tap its state fuel reserve while national refiners ramp up output sharply to avert a diesel shortage in the world's second-largest oil user.

United statesMia gengFlorence tanShivani singhKenneth maxwellMuyu xuThomson reuters trust principlesChina national foodNational bureau of statisticsStrategic reserves administration onSinopec corpTexas intermediateNational foodStrategic reserves administrationSengyick teeChina based longzhong

China taps oil reserve, refiners ramp up output to stave off diesel shortage

China taps oil reserve, refiners ramp up output to stave off diesel shortage
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