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China Oil Imports Rebound as More Crude Flows From Persian Gulf

Bloomberg Markets Tuesday 10 November 2026, 03:42 UTC By Bloomberg News 1 min read
Key Points

Commodities China Oil Imports Rebound as More Crude Flows From Persian Gulf Chinese crude oil imports rose to a seven-month high in October on a recovery in shipments from the Persian Gulf. Purchases climbed to nearly 42 million tons, according to customs data on Tuesday. The increase was led by Iraqi cargoes, although imports were still 13% lower on-year as the impact of the Iran war continued to limit supplies.

Commodities China Oil Imports Rebound as More Crude Flows From Persian Gulf Chinese crude oil imports rose to a seven-month high in October on a recovery in shipments from the Persian Gulf. Purchases climbed to nearly 42 million tons, according to customs data on Tuesday. The increase was led by Iraqi cargoes, although imports were still 13% lower on-year as the impact of the Iran war continued to limit supplies.
China Oil Imports Rebound (ORG) Persian Gulf Commodities China Oil Imports Rebound (ORG) Persian Gulf (LOCATION) Chinese (ORG) the Persian Gulf (LOCATION) Iraqi (ORG) Iran (LOCATION)
Originally published by Bloomberg Markets Read original →

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