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China's crude oil output down 1.6% in Apr

May. 22, 2012 (China Knowledge) - China, the world's second-largest oil consumer, saw its crude oil output fall 1.6% YoY to 16.52 million metric tons in April this year, according to recent figures released by the National Development and Reform Commission.

In the first four months, the country's crude oil output dropped 1.5% YoY to 66.55 million metric tons.

China's crude oil imports rose 6.6% YoY to 21.8 million metric tons last month, taking its imports of crude oil to a total of 88.36 million metric tons in the first four months, 4.1% more than in the same period of last year.
 
The country processed 137.68 million metric tons of crude oil in the 4-month period, 1.1 more than that in the same period of 2011, and saw its output of oil products climb 3.6% YoY to 84.97 million metric tons.
 
The country's apparent consumption of oil products grew 0.5% YoY to 79.67 million metric tons in the first four months. The consumption of gasoline increased by 4.5% YoY, while that of diesel was down 1.4%compared with the same period of 2011.







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