China oil data – Feb 2019

Published at 14:05 25 Mar 2019 by

This data review refers to combined January–February data, given that NBS publishes limited data over the Lunar New Year period.Chinese implied demand in January–February averaged 13.14 mb/d, higher y/y by 0.32 mb/d, from a high base. Actual demand (adjusted for stock changes) was likely lower than …

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