China Oil Imports Pick Up After Slump ...Middle East

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China Oil Imports Pick Up After Slump
source : OILPRICE ( Middle East ) () 32
China’s crude oil imports rose slightly in July amid a general improvement in commodity imports during that month, Bloomberg reported, citing official data released by Beijing on Sunday. Crude oil imports stood at 37.33 million tons last month, the data showed, although an increase from a four-year low booked earlier in the year was still lower than they were at the start of the year and a year ago. The total amount is equal to about 8.8 million bpd. Earlier this month, energy analytics firm OilX estimated that China’s oil imports would…

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