Tag: jumped
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Chinese Unipec sales of Omani oil jumped to 8 million barrels in June
China’s Unipec company’s sales of Omani oil rose to a record level during the month of June, reaching 8 million barrels for loading in August, at a time when Saudi Arabia announced a reduction in oil production and an increase in official selling prices, as well as an increase in flows to China. Unipec did…
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China’s oil imports jumped in March to their highest level in 33 months
China’s imports of crude oil jumped during March 2023 to their highest levels since mid-2020, driven by an increase in domestic demand and a recovery in the industrial sector. China’s imports of crude rose to 52.3 million tons, equivalent to 12.3 million barrels per day, during March 2023, according to Reuters. China’s oil imports in…
