China's crude imports in November rise to two-month high

Oil

China imported 11.08M b/d of crude in November, up 1.02M b/d m-o-m but this was down slightly by 94K b/d y-o-y, preliminary customs data showed. Over January-November, China's crude imports averaged 11.03M b/d, representing a rise of about 920K b/d y-o-y over the same period last year.