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Links to previous press releases are below.

News X

China sets 2016 non-state crude import quotas

Oil

China has set the 2016 non-state crude import quotas at 87.6Mt, or 1.76 mb/d, compared to the 37.6Mt originally set for this year at the end of 2014, reports Reuters. However, this is only slightly lower than the 88.89Mt that the country is estimated to grant this year after taking into account quotas allocated to independent teapot refiners since mid-2015.