China's crude oil imports fell to their lowest level in a decade as higher prices and weaker refinery demand reduced purchases amid renewed Middle East supply risks.

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…