Trade Resources Industry Views China Saw Its Oil Processing Volume Climb 9.1% YoY to 41.61 Million Tonne in November

China Saw Its Oil Processing Volume Climb 9.1% YoY to 41.61 Million Tonne in November

China Knowledge reported that China, the world's second-largest oil consumer, saw its oil processing volume climb 9.1% YoY to 41.61 million tonne in November.

According to a statement released by the National Development and Reform Commission, in the first eleven months of this year, China processed a total of 424.61 million tonnes of crude oil, 3.2% more than in the same period of last year.

Last month, China's output of refined oil products grew 9.1% YoY to 24.81 million tonnes, taking its output of refined oil products to a total of 256.56 million tonnes in the first eleven months, 5.4% more than in the corresponding period of 2011.

China's oil refining industry generated RMB 3.3 trillion in gross industrial outputs in the first eleven months of this year, up 9.3% from a year earlier.

Source: http://www.steelguru.com/chinese_news/Chinese_crude_oil_processing_volume_in_November_up_91_percent/296729.html
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Chinese Crude Oil Processing Volume in November up 9.1%
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