China November crude oil imports hit record high as refiners race to use up quotas

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China November crude oil imports hit record high as refiners race to use up quotas
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China's crude oil imports hit a record high on a daily basis in November, a...

BEIJING - China’s crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.

The world’s top oil buyer imported 45.74 million tonnes of crude, equivalent to 11.13 million barrels per day , according to data released by the General Administration of Customs on Sunday.For the first 11 months of 2019, China brought in a total of 461.88 million tonnes, or 10.09 million bpd, up 10.4% from the same period last year, the data showed.

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