China’s crude oil imports surged 31.5% year on year to 9.65 million b/d in October, preliminary data from the General Administration of Customs showed Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now On a barrels-per-day basis, the inflow represented a 6.16% increase from 9.09 million b/d in September. GAC releases data in metric ton, which S&P Global Platts converts to barrels using a 7.33 conversion factor. Crude imports in October totaled 40.8 million mt, up 9.6% from September, the preliminary GAC data showed. Robust imports in October lifted the country’s crude oil imports over the January-October period to 377.16 million mt (9.09 million b/d), up 8.1% from the same period a year earlier. Fuel oil imports were 1.19 million mt in October, retreating 31% from a 39-month high of 1.73 million mt in September. China’s oil product exports fell to 4 million […]