China's crude oil imports hit record high.

China's crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.

The world's top oil buyer imported 45.74 million tonnes of crude, equivalent to 11.13 million barrels per day (bpd), according to data released by the General Administration of Customs on Sunday. That compared with 10.72 million bpd in October and...