China’s crude oil imports bounce for April 2020 as the demand from refiners slightly recovers amid a recovery in fuel consumption on the domestic front.
- Reuters reckons that the crude oil arrivals across China for April 2020 stood ~ 42.82 million tonnes or 10.42 million barrels per day, up by ~ 7.64 per cent against the previous month.
- The overall import from January to April 2020 reached 10.26 million barrels per day, up y 1.7 per cent against the previous corresponding period.