News X
24 Feb 2017
China’s Crude Oil Imports From The US Climb In January
Oil
China’s crude oil imports from the US in January increased to 61K b/d, Reuters reports, citing China Customs data. The total volume for January was equivalent to more than half of China’s crude oil imports from the US in the whole of 2016. Higher demand from Chinese independent refiners amid an open arbitrage were noted as factors for the increase.