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China's crude oil output up 0.6% in Jul

Aug. 23, 2012 (China Knowledge) - China, the world's second-largest oil consumer, saw its crude oil output rise 0.6% YoY to 17.24 million metric tons in July this year, according to the latest figures released by the National Development and Reform Commission

In the first seven months, the country's crude oil output dropped 1.3% YoY to 117.35 million metric tons.

Last month, the country's oil-processing volume was 34.16 million metric tons, up 1.5% YoY. The country processed 238.11 million metric tons of crude oil in the 7-month period, 0.3% more than that in the same period of 2011, and saw its output of oil products climb 2.8% YoY to 147.69 million metric tons in the first seven months.

The country's apparent consumption of oil products grew 3.1% YoY to 143.60 million metric tons in the first seven months.







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