China reduces production and increase imports of oil

China has had frequent reductions in your oil production. Only the first six months of this year, the country earned a 5.1% drop compared to the same period in 2016, producing about 4 million barrels of oil per day.

On the other hand, imports of Chinese advanced absurdly, obtaining a 14% rise, with 8,500,000 bpd. The increase in the purchase of "black gold" eventually consolidate the country as the world's largest oil importer.

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