This accounts for 86.9% of the county's total crude import quota allocation for independent refineries in 2018. Crude oil imports by China ’s independent refineries , known as [UNK] , rose 1 % MoM in September to 7.26 million mt , or 1.77 million bpd , an YoY ##a of 8.5 % . The rise was attributed to a rise in feedstock demand as refineries restarted after maintenance shutdowns and also to efforts to use up crude quotas before the end of the year , according to a report by S&P Global Platts .
Crude oil imports by China ’s independent refineries , known as [UNK] , rose 1 % MoM in September to 7.26 million mt , or 1.77 million bpd , an YoY ##a of 8.5 % . The rise was attributed to a rise in feedstock demand as refineries restarted after maintenance shutdowns and also to efforts to use up crude quotas before the end of the year , according to a report by S&P Global Platts .