China Oil Output Tanks , Hits 4 Year Low. China crude oil output over the first half of the year stood at 101.59 million metric tons, down 4.6 percent and the lowest six-month figure since...
China crude oil imports from the United States fell in 2025, due to the trade spat and the Chinese tariffs on U.S. goods, including crude oil. By Tsvetana Paraskova for Oilprice.com More Top
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Chinese refineries returned to record-high processing rates last month driven by the so-called teapots Imports are also on the rise as domestic oil production continues its steady decline
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Chinese oil production is falling as the country national oil producers remain cautious about raising production in the face of oil price uncertainties. China oil output dropped 11.3 percent...
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Various estimates show that China significantly boosted its crude oil imports from Iran last month, just before the U.S. sanctions snapped back on November 5 and before the announcement that
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21 hours Texas Oil Regulators Consider Production Cuts After Historic Oil Price Crash. 6 days Demand For OPEC Oil Falls To 30-Year Low. China's Gas Production Hits Three-Year High
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Crude Oil Production in China decreased to 3822 BBL/D/1K in May from 3823 BBL/D/1K in April of 2025. Crude Oil Production in China averaged 2994.68 BBL/D/1K from 1973 until 2025, reaching an all time high of 4408 BBL/D/1K in June of 2015 and a record low of 1012 BBL/D/1K in February of 1973. Historical. Data.
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A slowdown in China's economy would impact demand because China is the world's largest crude oil importer, after importing a record 10.12 million barrels per day in 2025, according to data from
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Crude Oil Production in China averaged 3002.13 BBL/D/1K from 1973 until 2025, reaching an all time high of 4408 BBL/D/1K in June of 2015 and a record low of 1012 BBL/D/1K in February of 1973. This page provides the latest reported value for - China Crude Oil Production - plus previous releases, historical high and low, short-term forecast and
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Hit by unfettered supply from the world top two crude exporters and reduced demand from the coronavirus, the benchmark blend of crude produced from Canada oil sands plunged to a record low
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Ethanol prices hit all-time low, unconfirmed reports of plant shutdowns with the decline in oil price, ethanol prices are down, as well. Demand also is worrisome with some people saying demand will be reduced 40%. If that is true, wel run out of space to store the ethanol, and wel be forced to reduce our production rates, whether we
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The impact of the petroleum industry in China has been increasing globally as China is the fourth-greatest oil producer in the world.. China imported a record 6.7m barrels a day (b/d) of oil in 2015 and was forecast "to overtake the U.S. as the world biggest crude importer in 2016" According to the Energy Information Administration (EIA) China first became the "world's largest net importer
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The price of a barrel of oilsands crude has fallen to $13.46 US, prompting the first calls for mandatory production cuts since the 1980s. Alberta Premier Rachel Notley says it has become a "very
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Oil Prices Hit A New Low. Here's Why That Might Be A Bad Thing Oil prices dropped below $60 a barrel on Black Friday, the lowest price in a year. While President Trump credits Saudi Arabia for
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Oil Production Is at Record Levels. So Why Are Oil Prices Heading Higher? and other products, and even tapping already-low crude stocks to do so. For that reason, (except China) are
Get PriceChina March refinery runs hit record; crude output near multi-year low bureau data showed China March crude oil output stood at 15.96 million tonnes, or 3.76 million bpd, flat compared
Get PriceOil drops 1.5% to 13-month low as weak Chinese demand weighs the spreading virus hit demand in the world's largest oil importer and fueled concerns of excess supplies. barrels per day in
Get PriceBut on Thursday, traders said the oil market was dealing with several headwinds, as U.S.-China trade tensions persisted, the Chinese economy showed signs of slowing and record U.S. production
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The global COVID-19 pandemic already has slowed demand for oil, but the impact won be as simple as cutting production. Expect the glut to grow in the coming months.
Get PriceOil giants like Exxon Mobil have slashed their 2020 exploration and production budgets by nearly a third, and that was before the total oil price collapse at the start of this week.
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Oil futures tumbled on Tuesday, with a more than 7% loss sending benchmark U.S. crude prices to their lowest finish in nearly 16 months, as concerns over a potential global supply glut rattled the
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Oil prices hit 1990s low as coronavirus outbreak sinks demand. The U.S. and China are the world two largest oil consuming nations. is the rise in U.S. crude oil production to a record
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China importing record amounts of oil from Africa
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