China imported less crude oil in October as well. According to customs data, crude oil imports fell by 9% year-on-year to 44.7 million tons, or 10.5 million barrels per day, Commerzbank’s commodity analyst Carsten Fritsch notes.
“This means that imports were down year-on-year for the sixth consecutive month. Imports were also lower than in the previous month, which was due to the closure of a processing plant at a state-owned refinery and lower capacity utilisation at smaller refineries. Since the beginning of the year, crude oil imports have totalled 457 million tons. This corresponds to an average of 10.8 million barrels per day and represents a decline of 3.4% compared to the same period last year.”
“To make up this shortfall, crude oil imports would have to increase to an unrealistic 12.8 million barrels per day in the remaining two months. China's crude oil imports are thus expected to decline year-on-year for the third time in the last four years. Unlike the two previous declines, which were caused by the effects of the coronavirus pandemic, this year's decline is not due to special factors.”
“Rather, the weakening of oil imports in China is due to the weaker demand for oil as a result of the sluggish economic development and the rapid advance of e-mobility. In October, exports of oil products were 23% lower than in the previous year and, after 10 months, 7.2% below the level in the same period of the previous year. Here, too, a decline is therefore likely for the year as a whole.”
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.