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At close · Fri, Jul 31, 2026
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HomeCommoditiesEnergyChina’s crude oil imports declined in the second quart…

China’s crude oil imports declined in the second quarter of 2026

The EIA links the drop to higher crude prices after disruptions affecting flows through the Strait of Hormuz.

China, the world’s largest crude oil importer, brought in less crude oil in the second quarter of 2026, according to data cited by the U.S. Energy Information Administration.

The EIA said higher crude oil prices, driven by disrupted flows through the Strait of Hormuz, weighed on China’s import demand.

With China importing fewer barrels, global demand softened, reducing the upward price effects that might otherwise have followed the supply disruption.

Latest closeWTI crude $86.80 ▲3.8%

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