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China crude oil stockpile up 1.28 pct

Xinhua, June 25, 2015 Adjust font size:

China's commercial crude oil stocks increased 1.28 percent in May over April, while stocks of refined oil products edged down 0.7 percent, according to data monitored by Xinhua News Agency.

In May, China imported 23.1 million tonnes of crude oil, while producing 18.1 million tonnes.

Gasoline stocks increased 1.55 percent as higher oil prices and falling auto sales constrained consumption. Diesel stocks slipped 2.6 percent due to strong demand in rural areas, the report explained.

The stocks of kerosene rose 2.21 percent. Endi