China’s Oil Imports Surge 25% in July

China’s Oil Imports Surge 25% in July

China’s Crude oil imports jumped 25% during July from a year ago as a result of a huge amount of purchases made in April after oil prices drop as well as clearing  some cargoes which delayed at ports in June, Reuters reported.

According to General Administration of Customs, data showed that China’s brought in 51.29 million tons of oil during July equal to 12.08 million barrels per day (bpd).

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