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China January Crude-Oil Imports Break Record

China imported a record 28.16 million metric tons of crude oil in January--equivalent to 6.66 million barrels a day, preliminary data from the General Administration of Customs showed on Wednesday.

Imports were 11.9% higher on year and up 5.2% from December, according to a calculation by The Wall Street Journal.

Refined-oil product imports in January were 3.76 million tons.