China reportedly tops U.S. as world`s largest crude oil importer
Source: www.chinamining.org Citation: CRIENGLISH.com Date: May 12, 2015
It is being reported that China has now surpassed the U.S. as the world`s largest importer of crude oil.
Official customs statistics for April show that China imported some 30 million tons of crude oil in April, a 13 percent jump from March.
The total would be equivalent roughly some 222 million barrels.
Which means, on an average scale, China imported 7.4 million barrels a day in April.
According to Financial Times, the import number in the U.S. stood at 7.2 million barrels a day.
The gain for Chinese imports contrasted with China`s exports of crude oil, which fell 41% during April.
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