Strong Chinese numbers for crude oil and oil products

China was a net exporter of refined products for the third month in a row, while its import of crude oil rose markedly. J.P. Morgan sees the development as great news for the larger tanker market.
Photo: BW Group
Photo: BW Group
BY OLE ANDERSEN

China was a net exporter of refined products for the third month in a row. Meanwhile, the country’s total crude imports in September were 27.95 million tons (6.8 mbpd), up 5.1% from August and 1.4% year over year, financing firm J.P. Morgan writes in a memo.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading