Chinese oil consumption falls

China confirms crude oil imports down 6% on year

Marketwatch,

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