Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
15 July | Oil

China to increase oil imports to replenish strategic reserves — Energy Aspects

Brent
WTI Light Crude Oil
China to increase oil imports to replenish strategic reserves — Energy Aspects

Energy Aspects reports that China's push to stockpile crude will help offset weaker commercial demand and keep overall oil imports steady.

According to Bloomberg, China could buy up to 140 million barrels of crude for its strategic fuel reserves, with deliveries scheduled for Q4 2025 and Q1 2026. The government plans to purchase oil as long as prices remain below $80 per barrel.

Bloomberg estimates that in June, the world's top crude importer bought 12.2 million barrels per day, the highest level in nearly two years. Iran has been the main supplier of this extra oil to China. Energy Aspects analysts predict China's crude imports in 2025 will exceed last year's volumes.

Elizaveta Kuzmicheva MarketCheese

Recommended

United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 55K to 58.4K
57 minutes ago
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 548 to 542
Today at 6:03 PM
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 414 to 406
Today at 6:03 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from 0.308M to -0.742M
17 December
United States. Crude Oil Inventories. The value of the indicator has increased from -1.812M to -1.274M
17 December
Top news
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 0.5% to 0.75%
Today at 3:26 AM
United States. CPI (YoY). The value of the indicator has decreased from 3% to 2.7%
Yesterday at 1:30 PM
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
Yesterday at 1:15 PM
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
Yesterday at 1:15 PM
United Kingdom. BoE Interest Rate Decision. The value of the indicator has decreased from 4% to 3.75%
Yesterday at 12:01 PM
All news

Forecasts

Brent sell
Period: 26.12.2025 Expectation: 210 pips
Supply glut limits Brent crude growth
FA Other Technical analysis TA Other Indicators Fundamental analysis
Today at 11:26 AM 10
Lyra_Moonwell1
AUDCAD buy
Period: 02.01.2026 Expectation: 1000 pips
AUDCAD eyes another move from range floor to ceiling
FA Other Chart analysis Indicators
Today at 09:29 AM 18
Tom_Kern
EURUSD sell
Period: 31.12.2025 Expectation: 180 pips
EURUSD selloff targets 1.1700
FA Other Chart analysis
Today at 08:54 AM 13
McCarthy_Raymond
GBPUSD buy
Period: 26.12.2025 Expectation: 870 pips
GBPUSD ignores BoE comments and stays in consolidation
Indicators and reports FA Other Technical analysis Indicators Fundamental analysis
Today at 06:00 AM 14
Emily_Foster
BTCUSD sell
Period: 28.02.2026 Expectation: 20000 pips
Correction may push BTCUSD down to $66,000
FA Other Chart analysis
Today at 04:42 AM 13
McCarthy_Raymond
ETHUSD buy
Period: 25.12.2025 Expectation: 20000 pips
Investing in ETHUSD on confirmed bounce from key support
FA Other Technical analysis TA Other Indicators Fundamental analysis
Yesterday at 10:14 AM 55
Lyra_Moonwell1
Go to forecasts