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Posted April 16, 2024 Today in Energy ›

China imported record amounts of crude oil in 2023 ›

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

China annual crude oil imports

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

Data Highlights

WTI crude oil futures price

4/15/2024: $85.41/barrel

down$1.02 from week earlier
up$2.89 from year earlier

Natural gas futures price

4/15/2024: $1.691/MMBtu

down$0.153 from week earlier
down$0.423 from year earlier

Retail gasoline price

4/15/2024: $3.628/gal

up$0.037 from week earlier
down$0.035 from year earlier

Retail diesel price

4/15/2024: $4.015/gal

down$0.046 from week earlier
down$0.101 from year earlier

Weekly coal production

4/6/2024: 7.672 million tons

down1.092 million tons from week earlier
down2.949 million tons from year earlier