Despite rising from August, the country's crude imports in September of 9.79-million barrels per day were 2% below the amount brought in a year earlier
Singapore — Oil prices fell on Monday after China released much-delayed trade data showing that demand in the world's largest crude importer remained lacklustre in September as strict Covid-19 policy and fuel export curbs depress consumption.
Despite rising from August, China's crude imports in September of 9.79-million barrels per day were 2% below the amount brought in a year earlier, customs data showed on Monday, as independent refiners curbed throughput amid thin margins and lacklustre demand. The data came a day after China's Xi Jinping secured a precedent-breaking third leadership term on Sunday, cementing his place as the country's most powerful ruler since Mao Zedong.
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