China Boosted Oil Imports Nearly 16% in Early 2026

AI Briefing

• – China's oil imports rose 15.8% in the first two months of 2026, with daily imports reaching 11.99 million barrels, exceeding the 2025 average of 11.55 million barrels.
• – The increase is attributed to strong demand, which may signal a reversal of recent oil price declines.
• – Seaborne imports specifically rose by 2.1 million barrels daily.