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Home Icon > About Us > News > China’s July crude oil imports hit 4-year low and drops 9.2% y/y

China’s July crude oil imports hit 4-year low and drops 9.2% y/y

China is the world’s largest importer of crude oil, accounting for approximately 25% of global crude import volumes. The country’s crude imports are also equal to about 25% of global seaborne crude oil volumes which contributed to about 30% of dirty tanker trade tonne miles in 2021 according to Signal Ocean statistics. From 2010 to ...

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