Singapore — China’s crude oil imports from Iran hit a five-year high in April at 792,380 b/d or 3.24 million mt, before the expiry of US sanction waivers for Iranian oil May 2, data released Sunday by the General Administration of Customs showed. Receive daily email alerts, subscriber notes & personalize your experience. Register Now GAC releases data in metric tons, which S&P Global Platts converts to barrels using a 7.33 conversion factor. Iranian imports to China were last higher in April 2014 at 803,152 b/d. The April volume surged 45.8% from March on a barrels-per-day basis, and rose 21.2% year on year. US-origin crude imports to China recovered to a seven-month high at 116,750 b/d or 477,833 mt in April. The flow has slowed since October last year amid the China-US trade dispute, and China only took small cargoes from the US in December and February. A few […]