China Oil Imports Fall To Lowest In 2021 ...Middle East

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China Oil Imports Fall To Lowest In 2021
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China’s crude oil imports fell to some 9.77 million barrels daily last month, down 2 percent on May and the lowest monthly level since the start of the year, Reuters reported, citing customs data. Over the first half of the year, China imported 260.66 million tons of crude, down 3 percent on the first half of 2020. The first-half figure was boosted by increased imports by independent refiners, commonly called teapots. Since the first quarter, however, Beijing has begun cracking down on the teapots, as production of fuels both at independent…

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