China Quietly Steps Up Crude Stockpiling as Imports Surge

Market Intelligence Analysis

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Why This Matters

China has increased its crude oil stockpiling, with imports rising significantly to an average of 12.43 million barrels daily. This move indicates a strategic buildup of reserves amidst strong domestic refining activity, suggesting a potential bullish sentiment in the oil market due to increased demand and stockpiling efforts.

Market Impact

Market impact analysis based on bullish sentiment with 78% confidence.

Sentiment
Bullish
AI Confidence
78%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

China bought more crude oil for storage last month, with the average daily at some 1.88 million barrels, according to calculations made by Reuters energy columnist Clyde Russell. Russell reported today that China’s domestic oil production last month stood at 4.31 million barrels, which was added to imports of some 12.43 million barrels daily. Refiners, for their part, processed an average of 14.86 million barrels daily. Based on these figures, a surplus of 1.88 million barrels daily remained to be placed in storage. All the figures above,…

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Original article published by OilPrice.com on December 16, 2025.
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