FINANCIAL NEWS

Kuwait’s exports of crude oil to China hit 27.8 percent growth in Oct

24 Nov 2014

(MENAFN) Kuwait’s crude oil exports to China grew 27.8 percent in October from a year earlier to 986,000 tons, equivalent to around 233,000 barrels per day (bpd), data showed, QNA reported.

Kuwait’s share of Chinese crude oil imports last month came at 4.1 percent, compared to 3.8 percent a year ago, the General Administration of Customs announced.

Kuwait exported 191,000 bpd to the second largest oil consumer in the world during January-October period, up 29.8 percent annually.

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