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The latest data from the General Administration of Customs showed on Wednesday, China's October crude oil imports dropped to their lowest monthly level in 13 months, reversing sharply from near a record seen in September.
Key Details via Reuters:
Crude imports stood at 31.03 million tons in October, or 7.3 million barrels per day (bpd), up from the same month a year earlier but well below about 9 million bpd in September.