Oil Industry Operation Profile in July

According to the statistics of operational expresses (the same below), crude oil produced in July was 17.29 million tons, an increase of 0.3% year-on-year; processed crude oil was 37.9 million tons, an increase of 10.9%; refined oil production was 23.28 million tons, an increase of 8.5%, of which gasoline increased by 12.8%. The growth was 4.2%; the apparent consumption of refined oil was 23.23 million tons, an increase of 4.8%, of which gasoline increased by 13.9% and diesel increased by 0.8%. At the end of July, refined oil inventories increased 1.17 million tons from the same period last year, of which diesel increased 260,000 tons.

In the first 7 months, the crude oil output was 12.60 million tons, an increase of 2.8%; the crude oil processing volume was 255.65 million tons, an increase of 7.4%; the refined oil production was 157.06 million tons, an increase of 6.3%; the apparent consumption of refined oil was 148.84 million tons, an increase of 4.1% .