Taiwan News: Chinese Demand for Crude Oil Tankers Rises 42 Percent

“China imported 21.17 million metric tons of crude oil in April, 31 percent more than the same month last year and the second highest for data compiled by Bloomberg that go back to January 2004….Returns from shipping West African crude to Asia have risen 14 percent to US$66,485 a day this year, according to prices from New York-based energy advisers Poten & Partners Inc.”