China’s Oil Imports Fell In June ...Middle East

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China’s Oil Imports Fell In June
China imported an estimated 9.2 million bpd of crude oil last month, according to calculations by energy analytics provider OilX, which was some 1.6 million bpd lower than imports for May. On an annual basis, OilX analysts noted, the June average would be about 1 million bpd lower than what China imported in crude oil n June 2021. They noted, however, that despite the recent series of lockdowns because of Covid flare-ups, China’s oil imports were remarkably stable over the past few months. This month, the analysts reported, loadings for China…

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