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China's crude oil output in up 2.3% in Aug

Sep. 21, 2012 (China Knowledge) - China, the world's second-largest oil consumer, saw its crude oil output rise 2.3% YoY to 17.28 million metric tons in August this year, according to the latest figures released by the National Development and Reform Commission.

In the first eight months, the country's crude oil output dropped 0.9% YoY to 134.63 million metric tons.

Last month, the country's oil-processing volume was 33.53 million metric tons, remained flat from a year earlier.

The country processed 271.64 million metric tons of crude oil in the first eight-month of this year, 0.3% more than that in the same period of 2011, and its output of oil products grew 2.6% YoY to 168.77 million metric tons in the first eight months.

From January to August, the country's consumption of oil products rose 3.8% YoY to 166.12 million metric tons.

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