MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

EZ/UK T-Bill Calendar: 9/12/28/50-Week BTF Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Chinese Crude Imports Slip Jan-Feb y-o-y

OIL

China’s crude oil imports fell 1.3% in the first two months of 2023 from a year earlier according to General Administration of Customs data.

  • Imports during January-February totalled 84.06 million tonnes, or about 10.40 mn bpd.
  • China imported 10.53 mln bpd in the same period last year.
  • Official figures did not give a breakdown between the months but vessel tracking indicates purchasing increased into February as the economy began reopening.
  • Independent refiners also raised runs during the two months, operating at 67.5% of capacity, which was 4.4 percentage points higher than a year earlier according to JLC.
  • Natural gas imports for January-February, including piped gas and LNG, fell 9.4% from a year earlier to 17.93 million tonnes.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.