China’s oil imports rose nearly 16 percent in the first two months of 2026, adding to its growing energy stockpile.
China is a net importer of oil and is one of several major Asian economies that depend on the vital Strait of Hormuz, where traffic is currently blocked, for energy.
(Corrects paragraph 5 to say China's crude inventories rose by 12 million barrels, not 25 million barrels.) By Sam Li and Lewis Jackson BEIJING, March 10 (Reuters) - China's crude oil imports surged ...
China is the world's top oil importer and its independent refiners are the ​main market for Iranian oil that trades ...
China has reportedly instructed its largest oil refiners to suspend exports of diesel and gasoline, Bloomberg News indicated ...
China holds an estimated 1.2–1.3 billion barrels of crude in strategic and commercial reserves, enough to cover roughly four months of imports, cushioning it from short-term supply shocks.
A hoard of Iranian oil on tankers at sea and swelling onshore inventories in China will provide an initial cushion for the world’s biggest importer from the fallout of the conflict in the Middle East.
China has told its largest oil refiners to suspend exports of diesel and gasoline, Bloomberg News reported Thursday, citing ...
The escalating US-Iran war has pushed oil prices past $115. CNOOC and PetroChina are positioned to significantly benefit.
Experts say China’s reliance on discounted crude from Iran and Venezuela exposes parts of its refining sector to supply risks - Anadolu Ajansı ...
India is already set to receive 30 million barrels this month, with refiners boosting imports amid a US waiver and rising global oil prices.
China's position is a stark contrast to Asian countries from Japan to Thailand that have been hit hard by wartime energy disruptions.