China’s Oil Imports Hit an All-Time High in 2025

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China's oil imports reached an all-time high in 2025, with a 4.4% increase from 2024, contradicting claims of shrinking oil demand due to electrification of transport.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Crude oil imports into China last year hit the highest ever, reaching 11.55 million barrels daily, or a total of 557.73 million tons, up 4.4% on 2024, Reuters reported today, citing official statistics. The December total was also a record high, the data showed, at an average daily of 13.18 million barrels for a total of 55.97 million tons. The data casts doubt on claims that Chinese oil demand is shrinking irreversibly, driven down by the electrification of transport. On the other hand, some of the oil that China imported last year has gone into…

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Original article published by OilPrice.com on January 14, 2026.
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