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Today in Energy More Today in Energy

Posted January 3, 2025

China imported record amounts of crude oil in 2023 ›

From December 26 to January 3, Today in Energy will feature some of our favorite articles from 2024. Today’s article was originally published on April 16.

China annual crude oil imports
Data source: China General Administration of Customs, as compiled by Bloomberg L.P.

China, the world’s largest importer of crude oil, imported 11.3 million barrels per day (b/d) of crude oil in 2023, 10% more than in 2022, according to China customs data. Refiners in China imported record volumes of crude oil in 2023 to supply the country’s increasing refining capacity in order to support the country’s transportation fuel needs and produce feedstocks for its growing petrochemical industry.

More ›

Previously in Today in Energy

Data Highlights

  • 1/2/2025
  • Wind and solar combined share of generation
  • 15.1
  • %


  • 38.8%
    from year earlier
  • 1/2/2025
  • Daily electric power demand
  • 11298
  • GWh


  • 5.4%
    from year earlier
  • $3.40
  • /million Btu
  • $0.453 /million Btu
    from week earlier
  • $0.847 /million Btu
    from year earlier
  • $73.77
  • /barrel
  • $0.58 /barrel
    from week earlier
  • $3.92 /barrel
    from year earlier

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