China’s crude oil imports ended their downtrend to gain 5.5% at 11.85 million b/d in September from a four-month low of 11.23 million b/d in August, but the recovery looked temporary amid less new arrivals in October, port sources and refiners said on Oct. 13. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The sources attributed the recovery to smoother logistics in September rather than a rise in actual new arrivals. “More floating cargoes were discharged last month amid the ongoing congestion than those in August — when the typhoon and flood season impacted discharging,” said a source with Qingdao Port, China’s top crude port by turnover. The independent refining sector received 5.8% more crude barrels in September, at about 4.46 million barrels, than […]