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2015-07-01 19:20:00

CHINA OIL DEMAND UP 8.2%

CHINA OIL DEMAND UP 8.2%

China's apparent oil demand in May increased 8.2% from a year earlier to 43.80 million metric tons (mt), or an average 10.36 million barrels per day (b/d).

Apparent demand during the month was supported by healthy demand growth across all oil product categories.

China's refinery throughput in May averaged 10.38 million b/d, rising 7.4% from a year earlier, data from the country's National Bureau of Statistics (NBS) showed June 15. On the other hand, China was a net oil product exporter in May, with volumes totaling 120,000 mt, according to data released June 24 by the General Administration of Customs.

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Tags: CHINA, OIL
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