Commodities Buzz: Chinas Crude Oil Imports Slide 4.3% On Year In First Nine Months Of 2022

24 Oct 2022 , 07:53 PM

Chinas crude oil imports in September were 2% below their level a year earlier. The worlds largest crude importer brought in 40.24 million tonnes of crude oil last month, up from 9.5 million bpd in August though shipments remained below the nearly 10 million bpd imported a year earlier. Imports for the first three quarters of the year totalled 370.4 million tonnes, or about 9.9 million bpd, 4.3% lower than the corresponding period last year. This also marked the first annual decline for this period since at least 2014 for the economic powerhouse.Powered by Commodity Insights