China has become the world's largest importer of crude oil
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www.diecastingpartsupplier.com
2015-05-15 15:43:03
It is being reported that China has now surpassed the U.S. as the world's largest importer of crude oil.
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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 US 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.