China's Oil Imports Set to Rebound as Refiners Hunt for New Supply

Source Summary

China's crude oil imports are expected to rise by approximately 1.2 million barrels per day in the fourth quarter, climbing back towards 10 million barrels daily, according to analysts from Rystad Energy, Energy Aspects, and FGE NexantECA. Fourth-quarter import rates could reach 9.9 million barrels daily, though imports are likely to remain lower than pre-war levels.