China’s August Oil Imports Fall By 1.1 Million Bpd

China’s crude oil imports in August were 1.1 million bpd lower than the year-ago period and its exports were lower than expected, the latest data suggests. China imported 9.35 million bpd of oil last month, according to energy analytics provider OilX. That is half a million barrels per day higher than imports in July but 1.1 million lower than imports in August 2021. Imports from Russia were higher than a month earlier, at 1.8 million bpd, while imports from Saudi Arabia were lower than in July, at 1.5 million bpd. Refining throughput in…