BEIJING--July 26, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Statistics show that China imported 90.53 million tons of crude oil in the first half of 2008, an 11% increase compared with the same period last year. The increase speed slightly lowered by 0.2% compared with the same period last year. The value of imported oil rose to $64.98 billion, representing a dramatic 85.8% increase in costs. At the same time, China exported 2.37 million tons of crude oil, a 30.6% increase compared with the same period last year. The value of oil exports was $1.42 billion, a 126.9% increase.
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