China’s oil imports and reliance on oil imports both declined for first time since 2001

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China's crude oil imports and the reliance on imported crude oil both declined for the first time in 20 years in 2021 amid recovering oil prices in the international market.

The country's brought in 513 million tonnes of crude oil in 2021, falling 5.3% from a year earlier, and its reliance on imported oil fell to 72%, down 1.6 percentage points from the previous year, according to data released by the . . .

 

 

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