Increased fuel export quotas and robust export demand pushed China’s overseas shipments of refined products surging by 36% annually in September, to the highest level since June last year, official Chinese data showed on Monday. China, however, saw its crude oil imports drop by 2% year over year in September, to around 9.
79 million barrels per day (bpd), according to data from the Chinese General Administration of Customs cited by Reuters. Yet, the crude import volumes were higher than the August 2022 intake of 9.5 million bpd, the…China’s Fuel Exports Surge To 15-Month High
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