Crude Oil: Production [1960 2020] [Data &
China’s Crude Oil: Production was reported at 3,781.022 Barrel/Day th in Dec 2018. This records a decrease from the previous number of 3,821.485 Barrel/Day th for Dec 2017. China’s Crude Oil: Production data is updated yearly, averaging 2,760.310 Barrel/Day th from Dec 1960 to 2018, with 59 observations. The data reached an all-time high of 4,287.838 Barrel/Day th in 2025 and a record low
Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector.
Crude Oil Production 1973-2025 Data 2020
Crude Oil Production in decreased to 3794 BBL/D/1K in October from 3806 BBL/D/1K in September of 2019. Crude Oil Production in averaged 3002.13 BBL/D/1K from 1973 until 2019, reaching an all time high of 4408 BBL/D/1K in June of 2025 and a record low of 1012 BBL/D/1K in February of 1973. This page provides the latest reported value for Crude Oil Production plus
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Can the US-Trade War Spiral into a Crude Oil
China’s crude oil imports stood at 9.7 million barrels a day in June. Although the US doesn’t export much crude oil to China, the additional supply of cheap Iranian oil could pressure both
China, the world's largest importer of crude oil and gas, imported 440 million metric tons of crude oil in 2018, a year-on-year increase of 11 percent, with its foreign oil dependency ratio
Crude Oil News OilPrice
Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector.
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- How has China's demand for crude oil changed since 2000?
- China’s demand for crude oil has more than doubled since 2000, driven by rapid economic growth, industrialization and increasing exports of refined petroleum products, mainly to other Asian markets. The growth in demand for crude significantly outpaced domestic supply, which rose 23% over the same period (CEIC Data 2018). As shown in
- What was China Crude oil exports in Dec 2023?
- China Crude Oil: Exports was reported at 28.347 Barrel/Day th in Dec 2023 See the table below for more data. Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors. Outward Investment: Information Transmission, Software and Information Technolog... (USD mn)
- Are China's Crude oil prices market based?
- While China’s domestic crude oil prices have been in relative alignment with the global market since the late 1990s, the domestic pricing mechanisms for petroleum products are still not entirely market-based. The prices shift based on a 10-working day moving average and are subject to ad hoc interventions from the government.
- What are the factors affecting China's demand for crude oil?
- Table A2. Variable costs, yields and other model calibration coefficients. 1. China’s demand for crude oil has more than doubled since 2000, driven by rapid economic growth, industrialization and increasing exports of refined petroleum products, mainly to other Asian mark...
- How much will China's oil supply cost decrease in 2016?
- Together with optimized transportation logistics, this would bring China’s oil supply costs down by US$2.8 billion per year, equivalent to 1.7% of the country’s annual oil supply costs in 2016.
- Where do oil production declines occur in China?
- The output declines are found across the country but are primarily concentrated in Northeast China (Heilongjiang and Liaoning provinces) and in the west China (Shaanxi and Xinjiang), where crude oil is the most expensive to produce and/or difficult to deliver to consumers.
