China’s crude oil imports last month hit the highest since March, reaching 41.94 million tons, equal to around 9.88 million barrels daily. The October average was a 9.4% increase on the previous month as well, Reuters reported. Seaborne crude oil imports specifically went up by 12% in October from September, according to data from Kpler. Citing official customs data, the publication also reported that despite the monthly increase and the seven-month high, October’s total in oil imports was still 13.3% below the volume for October 2025.…

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.