China end-Feb crude stocks down 2pc

BEIJING: China's commercial crude oil stocks at the end of February declined 2 percent from a month earlier after two consecutive months of gains, data from a newsletter by the official Xinhua News Agency showed on Monday.

Inventories of refined oil products at the end of February surged 15 percent from a month earlier, of which diesel stocks soared 28 percent and gasoline stocks gained 1.2 percent, China Oil, Gas and Petrochemicals reported.