China crude oil runs rebound in April as fuel demand picks up

China crude oil runs rebound in April as fuel demand picks up

On the basis, Friday April's crude oil throughput was 0.8 percent above the year-ago level, it said; a Reuters calculation using NBS data from last year put the rise at 3.4 percent.. "For instance, if a company existed in 2019 but does not exist in 2020, then their figure in 2019 will not be included in 2020 year-on-year percentage calculation.". Based on Reuters' calculations using numbers the bureau published last year, the January-April decline would have been 1.9 percent.. The statistics bureau also reported that China's oil output in April rose to 15.87 million tons, up 0.9 percent from the same month a year earlier.. Natural gas output expanded 14 percent last month to 16.1 billion cubic meters (bcm), the bureau reported, while January-April production grew 10 percent to 64.4 bcm.. Auto workers' tenuous return offers ray of hope in jobs crisis /node/1675321/business-economy. Although some states have begun to let selected businesses reopen, workers are still reporting difficulty getting unemployment benefits.. Automakers say there's enough pent-up demand, especially for pickup trucks, to get factories humming again.. Some returning auto employees could work part-time and get still some unemployment benefits, but federal programs could cover part of their payments, he