China’s energy imports weaken over virus fear

Bloomberg

China’s overseas energy purchases weakened in March as demand from the top importer took a hit from the coronavirus pandemic.
Crude oil imports fell to the equivalent of about 9.72 million barrels a day, the least since July, according to customs data released on Tuesday. Natural gas shipments were little changed from a year ago at 6.92 million tons in March. That compares with a growth of about 18% in the same month last year.
Coal imports fell from the first two months to 27.8 million tons in March, but were still almost 19% higher than a year ago.

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