China’s crude oil imports rose to the third-highest volume on record on a daily basis on increasing purchases by new private refineries, while natural gas imports eased as demand dropped amid warmer temperatures, customs data showed on Friday. FChina, the world’s biggest crude oil importer, took in 39.23 million tonnes of crude oil last month, the data from the General Administration of Customs showed. That is the equivalent of 10.23 million barrels per day (bpd), up 21.6 percent from 8.41 million bpd during the same period the year before. This the fourth month in a row that China’s crude imports held above the 10 million bpd mark. Last month’s crude arrivals also rose from January’s 10.03 million bpd. Hengli Petrochemical, the […]