China’s Crude Oil Production Rose 1.2% y-o-y in November

Data announced by the Office for National Statistics today, Tuesday, revealed that China’s domestic production of crude oil in November rose 1.2% year-on-year to 15.96 million tons.

Production since the beginning of the year reached 178.63 million tons, up 1.6% year-on-year.

Refinery consumption of crude oil at the national level increased 3.2% in November on an annual basis, to 58.35 million tons, while consumption since the beginning of the year reached 614.41 million tons, up 3.1% on an annual basis.

Natural gas production increased by 11.8% in November year on year to 16.9 billion cubic meters. The production recorded since the beginning of the year 170.2 billion cubic meters, an increase of 9.3%.