Chinese April crude oil imports down by 0.2% on squeezed refining margins

Chinese April crude oil imports down by 0.2% on squeezed refining margins
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19.05.2021

MOSCOW (MRC) -- China's crude oil imports in April fell 0.2% from a year earlier as refiners curbed production to relieve a squeeze in profit margins brought about by rising crude oil prices and bulging inventories, reported Reuters.The world's biggest crude oil buyer brought in 40.36 million tonnes of crude oil in April, or 9.82 million barrels per day (bpd), data from the General Admini

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