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July 31, 2026 Today in Energy ›

China’s crude oil imports fell in the second quarter  ›

China, the world’s largest importer of crude oil, imported less crude oil in the second quarter of 2026 (2Q26) following higher crude oil prices that resulted from disrupted flows through the Strait of Hormuz. China’s lower imports reduced global demand, softening the upward price effects from the disrupted supply through the strait. More

China crude oil imports (Jan 2016-Jun 2026)

China General Administration of Customs, Bloomberg L.P.


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