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Home›Commodities›Energy›China cut crude oil imports in Q2 as prices rose

China cut crude oil imports in Q2 as prices rose

The decline in China’s imports reduced global demand, weakening the price lift from disrupted flows through the Strait of Hormuz.

Reported · Written up by our desk · Energy

China, the world’s largest crude oil importer, brought in less crude during the second quarter of 2026, according to data cited by the EIA.

The EIA attributed the drop to higher crude oil prices that followed disruptions to flows through the Strait of Hormuz.

With China importing less, global crude demand softened, which helped temper the upward price pressure associated with the supply disruption.

Latest closeWTI crude $82.40 ▲1.4%

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Sources

EIAChina's crude oil imports fell in the second quarter

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