MARKET EYE: Fuel Oil Keeps China a Net Importer

摘要

China’s oil demand in April continued its 10-month trend: It kept going up. Overall oil demand grew by 12% year-on-year to 8.547 million barrels per day, ac- cording to International Oil Daily calculations. The country’s refineries ran at 8.407 million b/d, up 17% from the previous year, according to data from the General Administration of Customs.