According to the National Bureau of Statistics (NBS), energy production in September showed that crude oil production continued to decline due to continued intraday volatility in international crude oil prices. In September, crude oil production fell 2.9% year-on-year, down 0.2 percentage points from August ; Daily production of 518,000 tons, an increase of 0.3 million tons in August .1-9 months, crude oil production of 140 million tons, down 4.4%.
Crude oil imports increased rapidly in September, imports of crude oil 37.01 million tons, an increase of 11.9%, imports increased by 3.03 million tons in August, the growth rate faster than in August 8.5 percentage points .1-9 months, imports of crude oil 320 million Ton, an increase of 12.2%.
Crude oil prices continued to rise since August, the basic stability of more than 50 US dollars / barrel as of September 29, Brent crude spot FOB price of 57.0 US dollars / barrel, compared with the end of August rose 4.3 US dollars / barrel.
In September, crude oil processing increased rapidly, up 12.7% year on year, 6.2 percentage points higher than in August; the average daily processing volume was 1.645 million tons, which was higher than that in August. In addition, the amount of crude oil processing increased rapidly, 125,000 tons, respectively. The growth rate of major oil products increased significantly compared with that of August, and the growth rate of gasoline, kerosene and diesel oil increased by 10.4, 12.3 and 7.1 percentage points respectively. In January-September, crude oil processing volume was 420 million tons, 4.7%.