Market Brief
China's Crude Oil Output Up 2.5% in July, an Industrial Info Market Brief
China's crude oil output reached 16.29 million metric tons in July, a 2.5% increase from July 2018, according to China's National Bureau of Statistics of China
Released Tuesday, August 20, 2019
China's crude oil output reached 16.29 million metric tons in July, a 2.5% increase from July 2018, according to China's National Bureau of Statistics of China. From January to July 2019, the crude oil output totaled 111.31 million metric tons, a 1% increase from the same period last year.
China's crude oil imports reached 41.04 million metric tons in July, a 13.9% increase from July 2018. From January to July 2019, China's crude oil imports totaled 285.64 million metric tons, a 9.5% increase from the same period last year.
China's crude oil processing volumes totaled 52.6 million metric tons in July, a 4% increase from July 2018. From January to July 2019, China's processing volumes totaled 369.73 million metric tons, a 5% increase from the same period last year.
Click here for a list of active crude oil-production projects in China, and see graph below for a breakdown by province.
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