China's April crude oil inventory rose 2.3 percent from March, but stocks of refined petroleum products dipped 2.9 percent month-on-month, according to data released by Xinhua's financial information branch, Xinhua 08, on Friday.
Of the refined oil products inventory, gasoline stocks fell 2 percent, diesel dropped 3.4 percent and kerosene declined 4 percent month-on-month.
China's crude oil output reached 16.96 million tonnes in April, 610,00 tonnes less than in March, following monthly declines in net imports and refined volumes, according to Xinhua analysts.
China imported 21.54 million tonnes of crude oil in April, down 130,000 tonnes from March. Chinese imported refined products slumped 17.1 percent in April from the previous month, according to the Customs figures.
Regarding exports, China exported 290,000 tonnes of crude oil in April, down 14.7 percent month-on-month, while refined oil product exports fell 20.5 percent from March to 2.05 million tonnes, according to the Customs figures.
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Of the refined oil products inventory, gasoline stocks fell 2 percent, diesel dropped 3.4 percent and kerosene declined 4 percent month-on-month.
China's crude oil output reached 16.96 million tonnes in April, 610,00 tonnes less than in March, following monthly declines in net imports and refined volumes, according to Xinhua analysts.
China imported 21.54 million tonnes of crude oil in April, down 130,000 tonnes from March. Chinese imported refined products slumped 17.1 percent in April from the previous month, according to the Customs figures.
Regarding exports, China exported 290,000 tonnes of crude oil in April, down 14.7 percent month-on-month, while refined oil product exports fell 20.5 percent from March to 2.05 million tonnes, according to the Customs figures.
Weekly review
May 12
No winners in U.S. hi-tech export controls
May 12
China should view livelihood issues from strategic perspective
May 11
Syria will not be another Libya
May 06
Beijing-Shanghai high-speed railway to launch 10-day trial run
May 14
The week in pictures
May 11
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May 11
Scientist: China plans to build lunar research base
May 09
Apple employee, customer reach settlement after Beijing iPad brawl
May 12
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May 12
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