China increases production of crude oil

China’s crude oil production rose 3.2% year on year to 16.61 million tons in September, according to the National Bureau of Statistics (NBS), Report informs referring to Xinhua.

The growth rate was up by 0.9 percentage points from the previous month, and the country's daily average output of crude oil came in at 554,000 tons.

In the first nine months of the year, China's crude oil output totaled 149.84 million tons, up 2.5% from a year ago, the NBS data showed.

Imports of crude oil dropped 15.3% year on year to 41.05 million tons in September, while during the January-September period the imports totaled 387.4 million tons, a 6.8-percent decline from a year ago.