Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

China's Sep crude oil imports hit 10.08 mil b/d, up 11% on year

Commodities | Energy | Oil | Crude Oil | Oil Risk | Coronavirus

A new benchmark for American crude to move on from a negative experience


Platts Market Data – Oil

Capital Markets | Commodities | Oil | Crude Oil | Refined Products | Fuel Oil | Gasoline | Jet Fuel | Naphtha | Marine Fuels | Equities | Financial Services | Banking | Non-banks | Private Markets

North American Crude Oil Summit, 3rd annual

Electric Power | Nuclear

US senators urge agency not to allow funding of 'risky' nuclear projects

China's Sep crude oil imports hit 10.08 mil b/d, up 11% on year

Singapore — China's crude oil imports jumped 10.8% year on year to hit 10.08 million b/d in September, crossing over 10 million b/d mark again since April, preliminary data from the General Administration of Customs showed Monday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The country's crude imports was at a record high of 10.68 million b/d in April and declined to 9.5 million b/d in May before gradually recovering to the September level.

The volume in the last month was 1% higher from 9.97 million b/d in August.

GAC releases data in metric tons, which S&P Global Platts converts to barrels using a 7.33 conversion factor.

China's preliminary crude oil, refined products import, export data

The country's crude imports in September totaled 41.24 million mt, the preliminary GAC data showed.

On a metric ton basis, it was 2.2% lower than the 42.17 million mt in August.

This latest data brings China's total crude oil imports in the first nine months of this year to 369.04 million mt or 9.91 million b/d, up 9.7% from a year ago.

Fuel oil imports, however, dropped 49.5% year on year and fell 10.9% from August to 874,000 mt in September.

As a result, China oil products imports fell 26.5% year on year to 2.14 million mt.

But oil products exports surged 39.6% year on year to 5.68 million mt in September, representing a 39.4% jump from August, GAC data showed.

The strong growth was partly due to relative low bases in a year ago and in August.

The outflow in September was slightly higher than the country's monthly average oil product exports at 5.31 million mt/month in the first three quarters.

Healthy oil products exports and slowing inflows led the country's net oil product export rocketed 207.2% year on year to 3.54 million mt in September.

-- Analyst Oceana Zhou,

-- Edited by Debiprasad Nayak,