Crude imports at 6-month high

China's net crude imports rose to the highest level in 6 months in November as the nation processed more than 10 million barrels a day of oil for the first time.

China bought 23.25 million metric tons of crude more than it exported last month, according to figures from the General Administration of Customs on Monday.

That is the equivalent of 5.68 million barrels a day, up 3 percent from a year earlier and the most since May. The country processed a record 41.61 million tons of crude in November, equivalent to 10.2 million barrels a day, government figures showed on Monday.

China Daily - Agencies