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        The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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        The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

        ufi

        BEIJING, China

        March 26-28,2026

        LOCATION :Home> News> Industry News

        China's Thirst for Oil Hit a New All-Time High

        Pubdate:2012-12-31 11:11 Source:lijing Click:

        Chinese oil demand set a record in November, according to Platts (via Gasbuddy).


        China's apparent oil demand, calculated by Platts, rose 9.1% in November to 42.96 million metric tons, or an average 10.5 million barrels per day (b/d), compared to the same period year ago.


        The previous record was just last month, when demand hit 41.28 mt.


        Since July, China has seen only one month of demand decline.


        Platts'  senior China analyst Song Yen Ling said consumption makes up only a portion of the surge.


        Much of the growth actually came from refineries whose stocks had run low this summer, and demand could moderate in the coming months.

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