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China’s Crude Oil Imports Expected To Hit A Record High In 2023
Editor OilPrice.com
Fri, February 17, 2023 at 11:00 AM EST
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The Chinese reopening and new refineries coming online are set to raise the crude oil imports in the world’s top importer to a record-high this year, industry consultants told Reuters.

Chinese crude oil imports could increase to average as high as 11.8 million barrels per day (bpd) this year, rising by between 500,000 bpd and 1 million bpd, according to Energy Aspects, FGE, S&P Global Commodity Insights, and Wood Mackenzie.