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Oxon CapitalSpecialist market research

EnergyCHN

China Oil Demand Monitor

Is China buying, burning or banking crude?

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The reading over timeCHN

China crude pull

32.0↓ 0.60 over 1d

Observation:

50 is this reading's own average over the trailing year.

18 September 202632
China crude pull, 25 July 2025 to 18 September 2026.6.944.7582.62025-07-252026-09-18
421 dated readings. Hover to inspect; tap or click to keep a reading. Use arrow keys, Home or End to explore; Escape resets.
View data (421 observations)
China crude pull: published preview observations
DateValue
25 July 202556.9
26 July 202556.8
27 July 202556
28 July 202554.6
29 July 202552.3
30 July 202548.1
31 July 202544.9
1 August 202542.7
2 August 202543
3 August 202544.2
4 August 202544.5
5 August 202542.3
6 August 202539.8
7 August 202537.8
8 August 202535.7
9 August 202534.6
10 August 202533.6
11 August 202533.6
12 August 202535.1
13 August 202537.3
14 August 202537.9
15 August 202539
16 August 202539.7
17 August 202539.5
18 August 202541
19 August 202542.7
20 August 202544.8
21 August 202546.6
22 August 202550.2
23 August 202552.4
24 August 202554.7
25 August 202555.3
26 August 202555.8
27 August 202558.4
28 August 202560.1
29 August 202561
30 August 202560.7
31 August 202560.2
1 September 202557.3
2 September 202554.3
3 September 202552.2
4 September 202550.4
5 September 202548.1
6 September 202546.8
7 September 202545.5
8 September 202545.9
9 September 202546.1
10 September 202545.3
11 September 202545.3
12 September 202544.6
13 September 202543.9
14 September 202545.4
15 September 202547.5
16 September 202548.9
17 September 202549.2
18 September 202550
19 September 202549.9
20 September 202550.5
21 September 202551.4
22 September 202552.2
23 September 202552.1
24 September 202551
25 September 202549.6
26 September 202549.3
27 September 202549.9
28 September 202549.1
29 September 202549.3
30 September 202548.7
1 October 202549.6
2 October 202551.5
3 October 202552.1
4 October 202552
5 October 202551.7
6 October 202550.8
7 October 202550.1
8 October 202550.1
9 October 202550.2
10 October 202551.3
11 October 202550.8
12 October 202552
13 October 202554.9
14 October 202557.9
15 October 202558.1
16 October 202556.9
17 October 202556.3
18 October 202555.4
19 October 202554.5
20 October 202552.9
21 October 202550.5
22 October 202548.6
23 October 202547.6
24 October 202545.3
25 October 202544.4
26 October 202543.2
27 October 202541
28 October 202541.2
29 October 202542.9
30 October 202544
31 October 202545.3
1 November 202547.4
2 November 202549.7
3 November 202552.9
4 November 202556.6
5 November 202560.9
6 November 202564.3
7 November 202567.6
8 November 202569.9
9 November 202572
10 November 202572.8
11 November 202573.2
12 November 202572.4
13 November 202572.5
14 November 202573.2
15 November 202573.6
16 November 202574.7
17 November 202575.6
18 November 202576.7
19 November 202577.3
20 November 202577.7
21 November 202579.4
22 November 202581.2
23 November 202581.5
24 November 202582.1
25 November 202582
26 November 202582.6
27 November 202582.2
28 November 202581.3
29 November 202580.6
30 November 202579.1
1 December 202577.6
2 December 202576.7
3 December 202574.4
4 December 202573.7
5 December 202571.2
6 December 202569.2
7 December 202567.9
8 December 202566.1
9 December 202565.2
10 December 202564.9
11 December 202566.1
12 December 202568
13 December 202569.5
14 December 202569.9
15 December 202571.9
16 December 202573.7
17 December 202575.9
18 December 202576.5
19 December 202576.6
20 December 202576.5
21 December 202575.4
22 December 202576.1
23 December 202576.6
24 December 202576.8
25 December 202575.4
26 December 202574.8
27 December 202574.9
28 December 202576.6
29 December 202576.1
30 December 202574.7
31 December 202573.8
1 January 202672.2
2 January 202670.4
3 January 202668.5
4 January 202667.2
5 January 202664.2
6 January 202661.4
7 January 202658.2
8 January 202656.7
9 January 202653.5
10 January 202648.7
11 January 202643.1
12 January 202640.2
13 January 202637.9
14 January 202636.5
15 January 202638.6
16 January 202639.8
17 January 202641.7
18 January 202642.9
19 January 202643.3
20 January 202641.7
21 January 202639.8
22 January 202640.5
23 January 202642.4
24 January 202645.1
25 January 202647.7
26 January 202648.2
27 January 202648.7
28 January 202647.8
29 January 202645.9
30 January 202646.2
31 January 202644.7
1 February 202643.9
2 February 202644.1
3 February 202647.5
4 February 202651.4
5 February 202652.6
6 February 202651.4
7 February 202650.1
8 February 202648.2
9 February 202649
10 February 202651.1
11 February 202652.8
12 February 202651.9
13 February 202653.2
14 February 202654.3
15 February 202654.7
16 February 202656.6
17 February 202656.6
18 February 202655.5
19 February 202655.6
20 February 202657
21 February 202659.2
22 February 202663.3
23 February 202665.1
24 February 202665.8
25 February 202667.5
26 February 202669
27 February 202669
28 February 202669.9
1 March 202671.5
2 March 202670.8
3 March 202670
4 March 202669.4
5 March 202668.7
6 March 202667.7
7 March 202665.8
8 March 202662.3
9 March 202658.7
10 March 202655.9
11 March 202652.7
12 March 202650.6
13 March 202646.9
14 March 202642.5
15 March 202640
16 March 202638.9
17 March 202638
18 March 202637.7
19 March 202636.8
20 March 202637
21 March 202637.5
22 March 202637.8
23 March 202638.9
24 March 202639.1
25 March 202638.4
26 March 202637.6
27 March 202637.8
28 March 202639
29 March 202637.8
30 March 202635.6
31 March 202633.7
1 April 202632
2 April 202630
3 April 202628.5
4 April 202627.4
5 April 202626.5
6 April 202624.8
7 April 202624.1
8 April 202623.6
9 April 202622.8
10 April 202623.5
11 April 202623.7
12 April 202624.4
13 April 202626.2
14 April 202627
15 April 202628.8
16 April 202630.5
17 April 202631.9
18 April 202632.9
19 April 202633.2
20 April 202635.1
21 April 202635.5
22 April 202634.8
23 April 202634.7
24 April 202632.3
25 April 202629.9
26 April 202627
27 April 202624.6
28 April 202622.5
29 April 202619.8
30 April 202617.4
1 May 202615.4
2 May 202613.8
3 May 202612.5
4 May 202611.5
5 May 202610.6
6 May 202610
7 May 20269.4
8 May 20268.9
9 May 20268.5
10 May 20268.2
11 May 20267.9
12 May 20267.7
13 May 20267.5
14 May 20267.3
15 May 20267.2
16 May 20267.1
17 May 20267
18 May 20266.9
19 May 20266.9
20 May 20266.9
21 May 20267.1
22 May 20267.4
23 May 20267.7
24 May 20268
25 May 20268.3
26 May 20269
27 May 20269.6
28 May 20269.8
29 May 202610.2
30 May 202610.8
31 May 202610.9
1 June 202611.1
2 June 202610.6
3 June 202610.2
4 June 20269.7
5 June 20269.9
6 June 20269.9
7 June 202610.1
8 June 202610.2
9 June 202610.2
10 June 202610.3
11 June 202610.2
12 June 202610.3
13 June 202610.7
14 June 202611.1
15 June 202611.5
16 June 202611.6
17 June 202611.7
18 June 202612.2
19 June 202612.1
20 June 202611.8
21 June 202611.6
22 June 202611.3
23 June 202611.2
24 June 202611.3
25 June 202611.4
26 June 202611.5
27 June 202611.2
28 June 202611.1
29 June 202611.1
30 June 202611.5
1 July 202611.9
2 July 202612.2
3 July 202612.6
4 July 202613
5 July 202613.4
6 July 202614.1
7 July 202614.8
8 July 202615.2
9 July 202615.6
10 July 202615.7
11 July 202615.6
12 July 202615.3
13 July 202614.8
14 July 202614.8
15 July 202615.1
16 July 202615.2
17 July 202615.8
18 July 202616.4
19 July 202617.3
20 July 202618
21 July 202618.6
22 July 202619.7
23 July 202621.2
24 July 202623.5
25 July 202626.2
26 July 202629.6
27 July 202633.6
28 July 202636.2
29 July 202638.6
30 July 202641.1
31 July 202644.1
1 August 202646.9
2 August 202649.4
3 August 202651.3
4 August 202652.6
5 August 202652.8
6 August 202652.1
7 August 202650.1
8 August 202647.9
9 August 202645
10 August 202641.5
11 August 202638.6
12 August 202635.8
13 August 202633.9
14 August 202631.2
15 August 202628.2
16 August 202626.2
17 August 202624.9
18 August 202624
19 August 202624.1
20 August 202624.4
21 August 202625.1
22 August 202625.8
23 August 202626.6
24 August 202627.5
25 August 202628.7
26 August 202629.5
27 August 202629.4
28 August 202629.2
29 August 202629.6
30 August 202629.2
31 August 202629.1
1 September 202629
2 September 202629.2
3 September 202629.3
4 September 202629.4
5 September 202629.3
6 September 202629.8
7 September 202630.8
8 September 202631.4
9 September 202632.9
10 September 202634.3
11 September 202635.3
12 September 202635.8
13 September 202636.1
14 September 202635.6
15 September 202635.3
16 September 202633.9
17 September 202632.6
18 September 202632

Kpler; UN Global Platform; IMF PortWatch

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Check the evidence

Inside this preview.

The preview record40 cited entries
  1. Congress passes bill to sanction China over Russian energy importsscmp.com
  2. China Gas signs 20-year LNG import deal with Venture Globalreuters.com
  3. Hengli teapot sanctions in April remain key; no fresh designations in Augustreuters.com
  4. Pump ceilings raised 375 yuan a tonne on gasoline and 360 on dieselmove
  5. Pump ceilings cut 230 yuan a tonne on gasoline and 220 on dieselmove
  6. Pump ceilings raised 685 yuan a tonne on gasoline and 655 on dieselmove
  7. Pump ceilings raised 300 yuan a tonne on gasoline and 290 on dieselmove
  8. Pump ceilings cut 950 yuan a tonne on gasoline and 915 on dieselmove
  9. Pump ceilings cut 515 yuan a tonne on gasoline and 495 on dieselmove
  10. Pump ceilings cut 525 yuan a tonne on gasoline and 505 on dieselmove
  11. Pump ceilings raised 75 yuan a tonne on gasoline and 70 on dieselmove
  12. Pump ceilings raised 320 yuan a tonne on gasoline and 310 on dieselmove
  13. Pump ceilings cut 555 yuan a tonne on gasoline and 530 on dieselmove
  14. Pump-price window announcedunparsed
  15. Pump-price window announcedunparsed
  16. Pump-price window announcedunparsed
  17. Pump-price window announcedunparsed
  18. Pump-price window announcedunparsed
  19. Pump ceilings left unchanged for this windowhold
  20. Pump-price window announcedunparsed
  21. Pump-price window announcedunparsed
  22. Pump-price window announcedunparsed
  23. Pump-price window announcedunparsed
  24. Pump-price window announcedunparsed
  25. Pump-price window announcedunparsed
  26. Pump ceilings left unchanged for this windowhold
  27. Pump ceilings left unchanged for this windowhold
  28. Pump-price window announcedunparsed
  29. Pump ceilings left unchanged for this windowhold
  30. Pump ceilings left unchanged for this windowhold
  31. Pump-price window announcedunparsed
  32. Pump-price window announcedunparsed
  33. Pump-price window announcedunparsed
  34. Pump-price window announcedunparsed
  35. Pump-price window announcedunparsed
  36. Pump ceilings left unchanged for this windowhold
  37. Pump-price window announcedunparsed
  38. Pump-price window announcedunparsed
  39. Pump-price window announcedunparsed
  40. Pump-price window announcedunparsed
Published calendarUpcoming releases

A current published schedule, not a delayed reading. These dates are the same here as on the full monitor.

  1. Golden Week national holiday (the travel-fuel read)
  2. Customs crude import headline for Sep 2026
  3. Passenger-car association sales for Sep 2026
  4. Statistics bureau energy release for Sep 2026: refinery runs, crude and product output
  5. Commerce ministry crude import allowance for the following year
  6. JODI submissions for Aug 2026 (the apparent-demand frontier advances)

How this is measured

What this is not
This monitor measures China's crude buying, burning and storage against official prints and observed shipping flows. It is not a forecast of prices or demand, it states no probability of any outcome, and it is not investment advice.
The storing figure is an identity, not an observation
The storing figure is customs imports plus domestic output minus refinery runs: an arithmetic identity over official prints, not an observed inventory. China publishes no oil-stock series, and this is the honest substitute.
Arrivals at the crude ports
Satellite-modelled tanker import tonnage across the eight Chinese crude ports. Daily rows, released weekly, so the newest days arrive in a batch. A leading cross-check on the customs print, never a replacement for it.
Customs import prints
Monthly crude import quantities, converted from ten-thousand tonnes. The headline print lands about a week after month end. January and February are published together and are shown as one combined figure. Fetched over plain http: the mirror's certificate chain is self-signed.
Refinery throughput
Monthly national output, converted from ten-thousand tonnes to million tonnes. January and February are one combined release and are shown as one combined figure, never split.
Chokepoint transits
Daily tanker transits, released weekly. Measurement only: this page publishes what passed, and never odds on what will. Malacca is shown for comparison and feeds no figure here.

Sources & attribution

Every figure comes from a published source, named and linked. Where a licence requires it, the publisher is named beside the figure.

Kpler; UN Global Platform; IMF PortWatch

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Oxon Capital is a research firm. This page states what published data shows. It does not tell anyone what to buy, sell or hold, and nothing on it is an offer to deal.