Stronger fuel demand due to a week-long holiday and a fresh batch of oil import quotas boosted China’s crude oil imports by 13.5% year-over-year in October, customs data showed on Tuesday. China imported 11.53 million barrels per day (bpd) of crude oil last month, slightly up compared to 11.13 million bpd in September, but much higher than in October 2022, when the world’s top crude oil importer was still under strict Covid-related travel restrictions, per Chinese customs data crunched by Reuters. In September, China’s crude oil…
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