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      China crude oil stockpile down 1.83 pct

      2014-12-25 08:00 Xinhua Web Editor: Qin Dexing
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      China's commercial crude oil stocks went down 1.83 percent by the end of November from a month earlier, while stocks of refined oil products dropped 2.4 percent, according to data monitored by Xinhua News Agency.

      In November, China imported 25.41 million tonnes of crude oil, while producing 17.63 million tonnes in the month, the data report showed.

      Gasoline diesel stocks edged down 0.45 percent as the falling output was offset by dwindling demand in the winter. The diesel stocks slipped 4.33 percent due to strong demand from construction projects and refiners' rush to reduce inventories and falling oil prices, the report explained.

      The stocks of Kerosene lost 2.38 percent as the country's e-shopping boom in November drove up air cargo volume.

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