• 4 minutes Ten Years of Plunging Solar Prices
  • 7 minutes Hydrogen Capable Natural Gas Turbines
  • 10 minutes World looks on in horror as Trump flails over pandemic despite claims US leads way
  • 13 minutes Large gas belt discovered in China
  • 5 hours Chicago Threatens To Condemn - Possibly Demolish - Churches Defying Lockdown
  • 2 hours Let’s Try This....
  • 2 hours The CDC confirms remarkably low coronavirus death rate. Where is the media?
  • 3 hours New Aussie "big batteries"
  • 41 mins COVID 19 May Be Less Deadly Than Flu Study Finds
  • 17 mins China to Impose Dictatorship on Hong Kong
  • 1 min Monetary and Fiscal Policies in Times of Large Debt:
  • 30 mins Would bashing China solve all the problems of the United States
  • 17 hours 60 mph electric mopeds
  • 21 hours Iran's first oil tanker has arrived near Venezuela
  • 1 day Nothing can shake AMLO’s fossil-fuel fixation
  • 1 day US-China tech competition accelerates: on Friday 05/15 new sanctions on Huawei, on Monday 05/18 Samsung chief visits China
JLC

JLC

JLC with headquarters located in Beijing, and branch offices in Shanghai, Shandong, Guangzhou and Singapore, is a leading provider of market intelligence and pricing solutions…

More Info

China's Refined Oil Imports Jump 28.4% In August

China’s imports of refined oil products in August jumped by 462,000 mt or 28.4% from the previous month but dropped by 615,000 mt or 22.7% from year-ago level to 2.089 million mt, according to Chinese customs data.

The total value of August imports reached $1.194 billion, a month-on-month increase of $224 million or 23.1%, a drop of $509 million or 29.9% year on year, the General Administration of Customs (GAC) said on September 8.

In January-August, China imported 20.492 million mt of refined oil products, 6.3% lower than a year before, which totaled $11.419 billion, a year-on-year drop of 11.9%, GAC data showed.

The country’s exports of oil products in August were 1.414 million mt or 25.8% lower at 4.075 million mt from month-ago level and decreased by 1.245 million mt or 23.4% from the same month of last year, according to GAC.

The total value of the exports reached $2.407 billion, $804 million or 25% lower from July, $947 million or 28.2% lower from year-ago level, data from GAC showed.

Over the first eight months of this year, China exported 40.174 million mt of refined oil products, 4.7% higher from a year before. The total value held steady at $24.134 billion.

By JLC International

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News