- Import
- 24 February 2023

Asia’s Crude Oil Imports Hit Record High but China’s Oil Imports Decline
Asia’s imports of crude oil reached a record high in January 2023, but the strength wasn’t driven by China, with the world’s biggest buyer actually recording a decline. According to a report, Asia’s total imports of crude oil were 29.13 million barrels per day (bpd) in Jan 2023 from 26.22 million bpd reported in Dec 2022. China’s imports of crude oil were 10.98 million bpd in Jan 2023, down from 11.37 million bpd recorded a month before.
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