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China’s crude oil output expands rapidly in October

China’s crude oil output posted faster expansion in October, according to data by the National Bureau of Statistics.The output totaled 17.22 million tonnes in October, rising 2.5 percent year on year and 1.1 percentage points higher than that of Septem…

China’s crude oil output posted faster expansion in October, according to data by the National Bureau of Statistics.

The output totaled 17.22 million tonnes in October, rising 2.5 percent year on year and 1.1 percentage points higher than that of September, the data showed.

Last month, China imported 43.14 million tonnes of crude oil, climbing 14.1 percent year on year and reversing the 1.6-percent decline in September.

From January to October, China’s crude oil output amounted to about 171 million tonnes, representing a 3-percent increase from a year ago.

Source: Jordan News Agency