Re­fined fuel, com­mer­cial crude stocks dip in Nov

China Daily (Canada) - - BUSINESS -

Com­mer­cial crude oil stocks de­clined by 1.83 per­cent from the pre­vi­ous month inNovem­ber, while re­fined fuel stocks posted a de­cline of 2.4 per­cent dur­ing the same pe­riod, Xin­huaNews Agency re­ported on Wed­nes­day. Diesel led the fall with a 4.33 per­cent de­cline, on the back of strong de­mand from the con­struc­tion sec­tor and State re­fin­ers’ ef­forts to boost sales amid fall­ing do­mes­tic prices, China Oil, Gas& Petro­chem­i­cals, aXin­hua oil and gas news­let­ter said. Gaso­line recorded a smaller de­cline of 0.45 per­cent, due to less car travel in win­ter, the news­let­ter said. Kerosene, used mostly as avi­a­tion fuel, fell 2.38 per­cent from last month, as spe­cial on­line shop­ping pro­mo­tions

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