A post by @FirstSquawk on X.
China imports 41.94 million tonnes of crude oil in October, up from 37.10 million tonnes a month earlier.
@FirstSquawk on X
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The month-over-month increase of roughly 4.84 million tonnes signals a rebound in Chinese crude purchasing after a softer September. China is the world's largest crude importer, so the pickup matters for global oil demand balances and benchmark prices. Watch next for whether the gain reflects restocking or stronger refinery runs, and for follow-through in November import data.
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