China's crude oil output slightly up in first two months

BEIJING -- China's crude oil output grew 0.4 percent year-on-year to 32.08 million tons in the first two months of this year, official data showed.

The Jan-Feb output also represented a 4.1 percent growth compared with the level in the same period of 2019, as well as annual average growth of 2 percent over the past two years, according to the National Bureau of Statistics (NBS).

As one of the world's largest oil buyers, China imported 89.57 million tons of crude oil in the reporting period, up 4.1 percent year-on-year.

About 114.24 million tons of crude oil was processed in January and February, up 15 percent year-on-year and 10.6 percent from two years ago, NBS data showed.

China's crude oil output expanded by 1.6 percent year-on-year to 195 million tons in 2020, with full-year imports posting a 7.3-percent surge.