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.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.