China's crude oil imports decline in second quarter amid higher prices

China, the world's largest crude importer, reduced oil purchases in the second quarter as elevated prices from Strait of Hormuz supply disruptions dampened global demand and offset upward pricing pressure.

First covered Jul 31, 2026 · 7:00 AM PT · 1 article

China's crude oil imports decline in second quarter amid higher prices — Image via eia.gov

Coverage

4h EIA Today in Energy China's crude oil imports fell in the second quarter — China, the world's largest importer of crude oil, imported less crude oil in the second quarter of 2026 (2Q26) following higher crude oil prices that resulted…

Primary sources

energy.gov Vulnerability Disclosure Policy

usa.gov Making government services easier to find | USAGov

More coverage from around the web

energyintel.com What’s Driving China’s Sharp Decline in Oil Imports? | Energy Intelligence

caixinglobal.com Analysis: China’s Oil Import Slump Points to a Deeper Demand Reset - Caixin Global

hellenicshippingnews.com China’s H1 Crude Imports Post Sharpest Drop Since War Began | Hellenic Shipping News Worldwide

api.org China’s crude oil imports have declined by 40% from February to May 2026 | American Petroleum Institute | API

caixinglobal.com China’s Crude Oil Imports Plunge to Near-Decade Low - Caixin Global

Appeared in: 2026-07-31 (#16)

← Back to the brief