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Chinese crude imports
Thomson Reuters Oil Research & Forecasts assessments for China’s crude imports in April were 33.14mn tonnes, 1.2% higher compared to official customs data. China’s crude arrivals for May were forecast to close at 30–31mn tonnes, buoyed by lower domestic crude production and strong appetite from independent private refiners despite several ongoing refinery turnarounds. Imports for May from independent refiners’ purchases, either directly or indirectly, were pegged at 3.63mn tonnes.
News Item details
Journal title: Petroleum Review
Subjects: Economics, business and commerce, Energy research, Energy consumption, Oil, Petroleum reserves - forecasting
