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        The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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        The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

        ufi

        BEIJING, China

        March 26-28,2026

        LOCATION :Home> News> Industry News

        China's crude oil stocks down 1.9 percent

        Pubdate:2016-11-29 09:44 Source:liyanping Click:
        BEIJING, Nov. 28 (Xinhua) -- China's commercial crude oil inventories declined 1.9 percent month-on-month in October as crude imports fell sharply, data showed Monday.

        Net imports of crude oil fell 12.7 percent in October, while the amount of oil refined increased, bringing stocks down.

        Diesel reserves also dropped due to high demand from autumn farming and construction projects in October.

        However, gasoline stocks rose slightly as the cold weather affected travelling and reduced demand for petrol.
         
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