The value of crude oil imported into China during 2016 amounted to US$116.7 billion, down by -47.2% since 2012 and down by -13.2% from 2015 to 2016. Forty-five countries supplied crude petroleum oils to the People’s Republic in 2016. Almost half (48%) of Chinese imported crude oil originates from the Middle East ranging from $142.8 […]
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