BEIJING: China’s crude oil imports from top supplier Russia fell 0.7% year-on-year in December to 9.33 million metric tons, or 2.2 million barrels per day, but hit the highest level for 2025.
- Imports from Malaysia, the largest trans-shipment hub for sanctioned Iranian oil, fell 37.9% to 4.14 million tons, or 0.97 million bpd.
- Imports from Indonesia stood at 2.19 million tons, or 0.52 million bpd, last month, down 13% from 2.52 million tons in November. China imported around 0.1 million tons of crude from Indonesia for the whole of 2024.
- Reuters previously reported that the surge in imports from Indonesia pointed to a way of masking shipments of sanctioned Iranian crude trans-shipped in waters off Malaysia.
- Imports from the UAE surged 116.4% year-on-year in December to 6.1 million tons, or 1.44 million bpd, reaching the highest single-month import volume on record.
- Imports from Brazil surged 109.6% to 5.4 million tons, or 1.27 million bpd, reaching a record high.
- Imports from the United States have remained at zero since May 2025.
- There were no reported imports from Iran or Venezuela in December.
- Imports from Canada surged to 2.33 million tons, or 0.55 million bpd, in December, up 49% from November and 104.5% year-on-year, hitting a record high.
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