China's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowest point in a decade. Domestic demand weakened, and refined product exports faced curbs to ensure energy security. Natural gas imports saw a slight year-on-year increase in June. However, overall natural gas imports for the first half declined.

China's crude imports rebound as fuel export curbs ease. Crude oil to reach a new all-time high by December 31 at 14.5% YES.

China's crude oil imports hit a decade-low due to the Iran conflict. New all-time high by September 30 at 7.9% YES.

China's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowest point in a decade. Domestic demand…

China's crude oil processing in June reached its lowest point since the pandemic began. This decline occurred as global supply tightened and domestic demand weakened…