China’s oil imports surge to five-month high ...News

The October increase is attributed to Beijing’s fuel export quota The world’s largest oil importer, China, purchased 43.14 million tons of crude in October, equating to 10.2 million barrels per day, according to data released by the country’s customs service on Monday. October oil imports were 4% greater than in September and the highest since May. In September, Beijing moved to boost the export of refined oil products by issuing a 15-million-ton annual quota, which could be rolled over into the first quarter.  According to tanker-tracking data compiled by Bloomberg, the impact of the move will continue to show up

Hence then, the article about china s oil imports surge to five month high was published today ( Monday 07/11/2022 - 06:17 PM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China’s oil imports surge to five-month high )

Also on site :

• Wyatt Earp faced murder charges over the 30-second Tombstone gunfight that killed 3 men in 1881; a 30-day hearing found he and Doc Holliday had acted lawfully
• In 1931, a Beaumont Street Busker Was Born in a Log Shack; 49 Years Later, He Recorded the ‘Greatest Country Song Ever Made
• Ukrainian drone attack causes fire at oil terminal in St. Petersburg