China’s Crude Oil Stock Increased in December 2017

Data from Xinhua News showed that China’s crude oil stock (without the reserve stock) increased by 3.24% M-O-M at the end of December 2017, and the overall stocks of gasoline, diesel and kerosene increased by 9.10% M-O-M. Therein, the stocks of gasoline and diesel rose from last month, and the growth in the diesel stock was great. But the kerosene stock slightly declined from last month.