China’s crude imports fell from a record to the lowest in three months and net oil product exports tumbled as state refiners slowed operations amid swelling stockpiles of fuel. The world’s largest energy consumer in January cut imports by 4.6 percent from a year earlier to 26.69 million metric tons, or about 6.3 million barrels a day, according to data released by the Beijing-based General Administration of Customs on Monday. Inbound crude shipments are almost 20 percent lower than December’s record and the least since October, Bloomberg calculations show. Oil product net exports fell 76 percent to 350,000 tons, a seven-month low. Imports may continue to slide this month while the country returns from last week’s Lunar New Year holiday, when it essentially shuts down for a week. The country’s total exports declined 11.2 percent in January in U.S. dollar terms from a year earlier, while imports tumbled 18.8 […]