China Imported 12% More Crude Oil Jan.-July as Prices Fell
Tang Shihua
DATE:  Aug 07 2020
/ SOURCE:  Yicai
China Imported 12% More Crude Oil Jan.-July as Prices Fell China Imported 12% More Crude Oil Jan.-July as Prices Fell

(Yicai Global) Aug. 7 -- China imported 12.1 percent more crude oil in the first seven months of this year from a year ago while the Covid-19 pandemic caused price cuts.

China imported 320 million tons of crude during the seven months, the General Administration of Customs announced today. The average price had fallen nearly 30 percent to CNY2,321.9 (USD333) per metric ton from a year earlier.

Editor: Emmi Laine

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Keywords:   Economic Data,Crude Import,Industry Commodity,General Administration of Customs