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.
"We generally view this as bullish data point for both crude and products," the firm writes
Already a subscriber? Log in.
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.
- Access all locked articles
- Receive our daily newsletters
- Access our app