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The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 25thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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BEIJING, China

March 26-28,2025

LOCATION :Home> News> Industry News

China's crude oil stocks down 1.9 percent

Pubdate:2016-11-29 09:44 Source:liyanping Click:
BEIJING, Nov. 28 (Xinhua) -- China's commercial crude oil inventories declined 1.9 percent month-on-month in October as crude imports fell sharply, data showed Monday.

Net imports of crude oil fell 12.7 percent in October, while the amount of oil refined increased, bringing stocks down.

Diesel reserves also dropped due to high demand from autumn farming and construction projects in October.

However, gasoline stocks rose slightly as the cold weather affected travelling and reduced demand for petrol.