Na­tion’s crude in­ven­to­ries rise

China Daily (USA) - - BUSINESS -

China’s crude in­ven­to­ries rose 2.46 per­cent month on month at the end of Septem­ber, data showed on Wed­nes­day. Al­though crude im­ports stayed al­most flat last month, crude stock­piles posted a month-on-month in­crease due to fall­ing crude con­sump­tion, ac­cord­ing to Xin­hua’s oil price sys­tem. How­ever, petrol, diesel and kerosene in­ven­to­ries dipped 6.59 per­cent from one month ago, due to a surge in ex­ports and ris­ing de­mand.

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