Tankers: China Crude Oil Imports Lower So Far in 2025

Crude oil imports from China have been lower during the first four months of the year. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings went up by a modest +0.4% y-o-y to 2194.6 mln tonnes, excluding all cabotage trade, according to vessels tracking data from LSEG. …