The cost of crude oil imported into the People’s Republic of China totaled US$514.4 billion in 2023. That dollar total for mainland China’s spending on crude petroleum oil increased by 53.4% compared to $335.4 billion five years earlier for 2019. Year over year, China’s imports of crude oil depreciated by -3.9% 2023 versus $535.3 billion … Continue reading Top 15 Crude Oil Suppliers to China