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China Draws Down Billion-Barrel Stockpile as Iran War Cuts Imports in Half | OilPrice.com

China's crude oil imports fell to 6.36 million barrels per day in May as the Middle East war cut supply — but a billion-barrel stockpile is keeping the market in check for now.

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martedì 2 giugno 2026·oilprice.com
China Draws Down Billion-Barrel Stockpile as Iran War Cuts Imports in Half | OilPrice.com
China's crude oil imports fell to 6.36 million barrels per day in May as the Middle East war cut supply — but a billion-barrel stockpile is keeping the market in check for now.