The purchasing managers index for China s manufacturing sector fell to 51.3 in January, down by 0.6 percentage points from December, government data indicated
China appears to have drawn on its crude stockpiles in December, the second time in three months, as the world’s biggest oil importer uses some of the massive surplus it built up last year. China processed 1.24 million barrels per day (bpd) more crude oil in its refineries in December than was available from imports .
China appears to have drawn on its crude stockpiles in December, the second time in three months, as the world's biggest oil importer uses some of the massive surplus it built up last year.