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China crude oil stockpile up 0.86 percent

Xinhua, June 24, 2016 Adjust font size:

China's commercial crude oil stocks increased 0.86 percent in May over April, while stocks of refined oil products slipped 1.73 percent, data monitored by Xinhua News Agency showed Friday.

Last month, China imported 32.24 million tonnes of crude oil, and the domestic crude oil output came in 16.87 million tonnes, according to the report.

Gasoline stocks rose 1.39 percent. Diesel stocks dropped 5.44 percent as demand in rural areas rose due to harvest season, according to the Xinhua data.

Kerosene stocks gained 5.88 percent. Endi