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China Jan-June crude imports fall, first H1 drop since 2013 | Hellenic Shipping News Worldwide


China Jan-June crude imports fall, first H1 drop since 2013
China’s crude oil imports in the first half fell 3% from a year earlier, the first contraction for the first six months of a year since 2013, as an import quota shortage, refinery maintenance and rising global prices curbed buying.
Imports totalled 40.14 million tonnes last month, data released by the General Administration of Customs showed on Tuesday, equivalent to 9.77 million barrels per day (bpd).
That compared with 9.65 million bpd in May and a record 12.9 million bpd in June 2020, when refiners snapped up cheap oil to supply a Chinese market fast recovering from the coronavirus. ....

Chen Aizhu , Jacqueline Wong , Tom Hogue , Muyu Xu , Administration Of Customs , General Administration , Seng Yick Tee , China Based Sublime Consultancy , ஜாக்குலின் வோங் , டோம் ஹாக் ,

China Jan-June crude imports fall, first H1 drop since 2013


Muyu XuChen Aizhu
2 minute read
Oil tankers are seen at a terminal of Sinopec Yaogang oil depot in Nantong, Jiangsu province, China June 11, 2019. REUTERS/Stringer
BEIJING/SINGAPORE, July 13 (Reuters) - China s crude oil imports fell 3% from January to June versus a year earlier, in the first first-half contraction since 2013, as an import quota shortage, refinery maintenance and rising global prices curbed buying.
Imports totalled 40.14 million tonnes last month, data released by the General Administration of Customs showed on Tuesday, equivalent to 9.77 million barrels per day (bpd).
That compared with 9.65 million bpd in May and a record 12.9 million bpd in June 2020, when refiners snapped up cheap oil to supply China s quick recovery from the pandemic. ....

Chen Aizhu , Jacqueline Wong , Tom Hogue , Muyu Xu , Thomson Reuters Trust Principles , Administration Of Customs , General Administration , Seng Yick Tee , Thomson Reuters Trust , ஜாக்குலின் வோங் , டோம் ஹாக் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

China's Crude Imports Climb as Refiners Emerge From Maintenance

China's Crude Imports Climb as Refiners Emerge From Maintenance
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Yuntao Liu , Li Chunyan , Administration Of Customs , Energy Aspects , General Administration , London Based Energy Aspects , Seng Yick Tee , ஆற்றல் அம்சங்கள் , லண்டன் அடிப்படையிலானது ஆற்றல் அம்சங்கள் ,