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- After China lifted the Covid-related restrictions in early 2023, Chinese refiners boosted imports to record-high levels last year, to support transportation fuel demand and produce feedstocks for China’s growing petrochemical industry, the EIA noted in an analysis published on Tuesday.
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Jan 12, 2024 · China imported 11% more crude oil last year versus 2022 at 563.99 million metric tons, equivalent to 11.28 million barrels per day (bpd), up from a previous record of 10.81 million bpd in 2020...
- China 2022 crude oil imports fall for second year despite Q4 ...
China's crude oil imports fell for the second year in a row...
- China 2022 crude oil imports fall for second year despite Q4 ...
Sep 18, 2023 · According to its General Administration of Customs, refiners in China used the crude oil to process a record 14.7 million b/d of crude oil in the first half of 2023, an 8% increase from 2022’s annual average of 13.5 million b/d and more than China’s record-high annual average, set in 2021.
Apr 16, 2024 · Last year, China’s crude oil imports averaged 11.3 million barrels per day (bpd), up by 10% compared to 2022, according to Chinese customs data compiled by Bloomberg and the U.S. Energy...
- Tom Kool
Apr 16, 2024 · China, the world’s largest importer of crude oil, imported 11.3 million barrels per day (b/d) of crude oil in 2023, 10% more than in 2022, according to China customs data.
Apr 13, 2023 · For the first quarter, China’s crude oil imports rose by 6.7% compared to the same period in 2022. China could be expected to add 1.15 mbd to global oil demand accounting for 50% of demand ...
Jan 12, 2024 · Chinese crude oil imports averaged 10.26 million bpd in 2021 and 10.17 million bpd in 2022 as domestic fuel demand was low during the Covid lockdowns and as rising oil prices, especially...
Jan 13, 2023 · China's crude oil imports fell for the second year in a row in 2022 despite a burst of purchases in the fourth quarter, as the country's strict COVID-19 control measures hobbled the...