Market Brief
China's Crude Oil Output up 3.7% in First Two Months of 2020, an Industrial Info Market Brief
In the first two months of 2020, China's output of crude oil reached 32 million metric tons (MMT), or a daily average output of 0.533 MMT, an increase of 3.7% year over year, according to the Instant Statistic Report of the National Bureau of Statistics of China. In the first two months 2020, China's import of crude oil reached 86.09 MMT, an increase of 5.2% year over year. In the aspect of crude oil processing, China's processing volume of crude oil reached 99.19 MMT or a daily average processing volume of 1.653 MMT, a drop of 3.8% year over year.
Released Wednesday, March 18, 2020
In the first two months of 2020, China's output of crude oil reached 32 million metric tons (MMT), or a daily average output of 0.533 MMT, an increase of 3.7% year over year, according to the Instant Statistic Report of the National Bureau of Statistics of China.
In the first two months 2020, China's import of crude oil reached 86.09 MMT, an increase of 5.2% year over year. In the aspect of crude oil processing, China's processing volume of crude oil reached 99.19 MMT or a daily average processing volume of 1.653 MMT, a drop of 3.8% year over year.
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