China’s crude oil imports up 12.4 pct in first seven months

  BEIJING, Aug. 14 (Xinhua) — China’s imports of crude oil logged steady growth in the first seven months of 2023, data from the General Administration of Customs showed.

   During the period, China imported a total of 326 million tonnes of crude oil, up 12.4 percent from the same period last year, according to the data.

   In the January-July period, the average price of imported crude oil stood at 3,977.2 yuan (about 555.75 U.S. dollars), down 16.6 percent from a year earlier.