May crude oil imports around 10.79 mln bpd, up 11.8% on yr Jan-May crude oil imports down 1.7% yr/yr May refined oil product exports down 40% yr/yr Jan-May natural gas imports down 9.3% yr/yr June 9 (Reuters) – China’s crude oil imports rose nearly 12% in May from a low base in a year earlier, although refiners were still battling high inventories with COVID-19 lockdowns and a slowing economy weighing on fuel demand last month. The world’s top crude oil buyer imported 45.83 million tonnes last month, data from the General Administration of Customs showed on Thursday, equivalent to 10.79 million barrels per day (bpd). That compares to 10.5 million bpd in April and to a 2021 average of 10.3 million bpd. January-May imports were down […]