Commodities Buzz: China Crude oil imports fall on monthly basis but show strong surge on year ago levels

China?s Crude oil imports turned around after recent upward trend, falling around 3% from the previous month in April. China's crude oil imports increased 7.5% compared to a year ago though. According to the General Administration of Customs (GAC), imports to the largest buyer in the world came in at 48.06 millions metric tons in April.

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