Oil imports in April reached a record high in China

In April 2018, China increased oil imports by 4% to 39 million 460 thousand tons, which is a record indicator for the time of settlement, the data of the Main Customs Administration of the People's Republic of China showed. Over the period from January to April, the growth of oil imports amounted to 8.9%. Analyst of the research company ICIS-China, Jin Zhou, notes that oil refineries make reserves, waiting for the introduction of restrictions on the transportation of hazardous petrochemical products. In April, China reduced net exports of oil products by 46%. Procurement of gas abroad increased to 6 million 820 thousand tons. Over the period from January to April, growth was 36%. Import of coal decreased by 14%.

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