Kuwait - China, increase of crude exports (By Sylodium, international trade directory)

Kuwait’s crude oil exports to China jumped 77.5 percent in March from the previous month to 730,000 tons, equivalent to around 173,000 barrels per day. Kuwaiti share of Chinese crude oil imports in March was 3.2 percent, compared to 2.0 percent in February, according to the General Administration of Customs. Meanwhile, Kuwait’s crude oil exports to the world’s second-biggest energy consumer fell 43.9 percent from a year earlier. The recent fluctuation in the prices on the world oil market resulted from the economic data from the United States as well as the increase in the output of the OPEC member states in April. While the Chicago Purchasing Manager Index (Chicago PMI) fell 3.4 to 49.0, a 3-1/2 year low last month, the US Consumer Price Index exceeded expectations in the same month, the KPC report noted. Sylodium (global import export directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Beijing (China) - Kuwait (Kuwait), Chicago (USA) - Kuwait (Kuwait) or any city around the World.