China now drives short-term oil price moves as its opaque import patterns, refinery margins, and strategic stockpiling increasingly shape marginal demand and near-term price discovery.

China has significantly increased its crude oil stockpiles in 2025, accumulating an estimated 1.2 billion to 1.3 billion barrels in strategic and commercial reserves. These massive reserves are expected to soften the impact of global oil supply disruptions ...

Forbes contributors publish independent expert analyses and insights. I analyze petroleum economics and energy policy. The internet is awash in skepticism about the supposed looming oil glut as commentators note that, despite the IEA’s implied inventory ...

Imports rise 4.88% y/y in November, up 5.24% from October Daily import volumes reach highest level since August 2023 Imports from Saudi Arabia, Iran rise from October, Russian imports fall - Kpler BEIJING, Dec 8 (Reuters) - China's crude oil imports rose 4 ...

As the United States tightens sanctions on Russian oil, People’s Republic of China is quietly ramping up its crude-oil stockpiles at a pace that could reshape global energy markets. According to a report in the Wall Street Journal, China imported on ...

Chevron Corporation is downgraded to Hold due to increased uncertainty around China's oil demand and its impact on oil prices. China's strategic petroleum reserve fill has been a major support for oil prices, but demand growth is slowing and risks are rising.

In a BMI report sent to Rigzone by the Fitch Group recently, analysts at BMI, a Fitch Solutions company, said China's outlook for shale oil production is improving. Image by zhengzaishuru via iStock In a BMI report sent to Rigzone by the Fitch Group ...

President Donald Trump’s escalating trade war with China has stock pickers holding their breath, unsure if the president will wipe out months of steadily progressing trade negotiations between Washington and Beijing or cave on his recent aggressive ...