Group 1 - China's daily crude oil imports have exceeded 10 million barrels, raising concerns and interpretations about its intentions, whether for opportunistic buying or long-term energy planning [1] - In the first half of 2023, China's crude oil imports reached 28.208 million tons, accounting for nearly 90% of the total increase in oil stock [1] - The crude oil import volume for 2025 is projected to reach 25.7 million tons, indicating growth compared to 2024, despite a year-on-year decline in early 2025 [1] Group 2 - China's procurement scale is significant enough to directly influence international oil prices, stabilizing them around $65 per barrel despite a general decline in oil prices globally [2] - Approximately 1 million tons of the imported crude oil is directly injected into storage facilities daily, with China's total storage capacity reaching 25.017 million cubic meters, of which about 60% is utilized [2] - The intention behind the increased oil procurement is not solely to stabilize prices but also to build strategic reserves in response to global uncertainties and geopolitical tensions [2][4] Group 3 - The push for increased oil reserves is driven by the Energy Law of the People's Republic of China, which mandates companies to fulfill storage obligations, and aims to hedge against fluctuations in the US dollar [4] - China's high dependence on foreign oil, reaching 77.63% in 2023, necessitates proactive measures to secure energy supplies amid potential disruptions [6] - The strategic accumulation of oil reserves is viewed as a national-level strategy to ensure energy security and reduce reliance on external sources, especially in light of ongoing geopolitical tensions [8]
日本挑事儿不断?中国疯狂囤油,吞掉全球90%油量,等的就是今天
Sou Hu Cai Jing·2025-11-22 17:12