China’s imports of crude oil have recovered in July 2021, after six months of low imports as refiners completed maintenance works, Reuters reported.
The country imported a total of 41.24 million tons of crude oil in July, with an average of 9.71 million barrels per day (b/d).
China’s imports increased in July to post 51.29 million tons during July 2020, up from 40.14 million tons recorded in June.
During the first six months of 2021, China’s crude oil imports averaged at 10.39 million b/d, a 5.6% decrease from H1 2020.
Meanwhile, China exported around 4.64 million tons of refined petroleum products in July 2021, increasing by 44.5% from July 2020’s exports.
However, July’s exports were 28% lower than those of June 2021.