Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared with the record high set in 2023. China, the world’s largest importer of crude oil, received 11.1 million barrels per day (b/d) in 2024, down from 11.3 million b/d in 2023. Even though total imports decreased about 2%, imports from some countries increased while others decreased.
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No watches are valid as of Fri Jun 20 17:34:02 UTC 2025.
SPC – No MDs are in effect as of Fri Jun 20 17:34:02 UTC 2025
No Mesoscale Discussions are in effect as of Fri Jun 20 17:34:02 UTC 2025.