& Tobago

Very usefull links


News links




Dow Jones

Oil price



Views and News




China's Jan crude imports from Venezuela rise 51% on month to 411,000 b/d


By Oceana Zhou / Platts

Petroleumworld 02 25 2019

China's crude imports from Venezuela surged 50.7% month on month to 411,000 b/d or 1.74 million mt in January, posting the fifth month in a row of increase after hitting a four-year low last September, data released by the General Administration of Customs showed Tuesday.

Imports from Venezuela stood at 808,593 mt last September, the lowest since September 2014, when imports totaled 607,795 mt, GAC data showed.

Despite the month-on-month surge in crude imports from Venezuela in January, the total was still down 6.5% year on year.

Among the top suppliers of crude to China in January, supply from Iran saw the deepest reduction, falling 49.6% year on year and 25.2% from December to 1.6 million mt (379,000 b/d).

There were no shipments from the US in January due to the ongoing China-US trade tensions.

The top crude oil supplier in January was Russia at 6.97 million mt, accounting for 16.4% of market share, followed by Saudi Arabia at 5.76 million mt, or 13.5%.

GAC releases data in metric tons, which S&P Global Platts converts to barrels using a 7.33 conversion factor.


We invite you to join us as a sponsor.
Circulated Videos, Articles, Opinions and Reports which carry your name and brand are used to target Entrepreneurs through our site, promoting your organization’s services. The opportunity is to insert in our stories pages short attention-grabbing videos, or to publish your own feature stories.


Story by Oceana Zhou from Platts / SPGlobal.

- newsdesk@spglobal.com

02 25

Hit your target - Advertise with us

PW 300.000 plus request per week

Copyright© 1999-2019 Petroleumworld or respective author or news agency. All rights reserved.

We welcome the use of Petroleumworld™ (PW) stories by anyone provided it mentions Petroleumworld.com as the source.

Other stories you have to get authorization by its authors. Internet web links to http://www.petroleumworld.com are appreciated.

Petroleumworld welcomes your feedback and comments, share your thoughts on this article, your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.


Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels

Twitter: @petroleumworld1



Contact: editor@petroleumworld.com,

Editor & Publisher: Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2019, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2019, Petroleumworld   / Elio Ohep - All rights reservedThis site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.