Tuesday, 22 May 2012 06:35

China Oil Imports From Iran Rebound

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"BEIJING—China's imports of Iranian crude oil recovered in April after sharp drops earlier this year, suggesting Beijing remains a steady customer despite U.S. efforts to tighten sanctions on Tehran.

China's April crude imports from Iran, at 1.6 million metric tons or about 390,000 barrels a day, were down almost 24% from a year earlier—but up more than 48% from March."

WSJ article

 

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