Sunday 23 June 2013

Chinese oil consumption falls


China confirms crude oil imports down 6% on year



21 June, 2013



BEIJING--China's General Administration of Customs confirmed Friday that May crude-oil imports totaled 23.95 million metric tons, equivalent to 5.66 million barrels a day, down 6.0% from a year earlier.
China's Iranian crude imports in May were 2.36 million tons, up 6.4% from a year earlier.
China's crude imports from Iran between January and May were up 10.0% when compared with the same period a year earlier, customs data showed.
China didn't import a significant amount of gasoline in May.
Diesel imports fell 74.5% to 50,129 tons, while diesel exports rose 26.9% to 227,133 tons, the data showed.
Kerosene imports fell 7.8% to 447,258 tons, while fuel oil imports were up 19.8% at 2.83 million tons

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