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China's Feb oil imports fall as tax rules curb buying by independents

Reuters  |  BEIJING 

By Meng Meng and Chen AizhuBEIJING (Reuters) - China's February crude oil imports fell sharply from January's record as independent refineries curbed buying amid worries about new tax rules, while natural gas imports held at high levels to heat homes during a bitter winter.China's February crude oil imports of 32.26 million tonnes, or 8.41 million barrels per day, were 12 percent below January's record high of 9.57 million bpd, data from the General Administration of Customs showed on Thursday. For the first two months of the year, China brought in 72.9 million tonnes of crude oil, or 9.02 ...

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First Published: Thu, March 08 2018. 10:25 IST