USD 62.5544

0

EUR 69.8608

0

BRENT 65.45

+0.52

AI-92 42.23

-0.11

AI-95 45.97

-0.07

AI-98 51.1

+0.01

Diesel 48

+0.01

28

China Consumes More Oil

China's apparent demand for oil climbed 10.8 percent in April

China's apparent demand for oil climbed 10.8 percent in April from a year earlier, the strongest rise since 2004, after a rise in State-set fuel prices encouraged refiners to boost supplies to the domestic market.

The world's second-largest oil consumer used 6.69 million barrels per day (bpd) last month, calculations based on official data showed, despite a fall in crude imports as refiners shunned soaring global markets.

The spring sowing season and a booming economy also pushed up diesel consumption by more than 10 percent, although shortages spreading across the southeast for most of April limited consumption in some areas.