Chinese July crude imports step back from record high, fall 7% on month
21.08.2020
MOSCOW (MRC) -- China's crude oil imports fellВ from a record high in July, snapping a three-month rally, as sluggish domestic fuel demand due to flooding capped refinery feedstock requirements, reported S&P Global.Crude imports fell 6.7% to 12.13 million b/d in July from a record high 12.99 million b/d in June, preliminary General Administration of Customs data released Aug. 7 showed.Ho