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China�s Crude Imports Fall To 21.7Mn Tons In June
MEES
23 July 2012 Volume 55, Issue 30 - ENERGY FUNDAMENTALS
 

China�s Crude Imports Fall To 21.7Mn Tons In June

China�s crude oil imports declined by 14.8% in June to 21.72mn tons or 5.28mn b/d from the monthly record of 25.48mn tons set in May, according to data released by the country�s General Administration of Customs. High imports during May reportedly boosted the country�s inventories because refinery demand slipped. China has imported 140.06mn tons during 2012, an average of 5.62mn b/d so far this year.

China Crude Oil Imports 2011-12

2012

2011

Imports

Jun

May

Apr

Mar

Feb

Jan

Total

Dec

Nov

Oct

Sep

Aug

Jul

Jun

Mn Tons

21.72

25.48

22.26

23.55

23.64

23.41

140.06

21.92

22.69

20.80

20.45

21.04

19.43

19.43

Mn B/D

5.28

5.99

5.41

5.55

5.95

5.51

5.62

5.16

5.52

4.89

4.82

4.95

4.58

4.73

© Copyright MEES 2012.

 
© Middle East Economic Survey (MEES) 2013.
 
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