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Trends in the top five crude oil-importing countries, 1960–2012. This is a list of countries by oil imports based on The World Factbook and other sources. [1] Many countries also export oil, and some export more oil than they import.
A map of world oil production (2013) Oil-producing countries (information from 2006 to 2012) This article includes a chart representing proven reserves, production, consumption, exports and imports of oil by country.
By 1993, internal demand for oil exceeded domestic production, and China became a net oil importer. [10] China became dependent on imported oil for the first time in its history in 1993 due to demand rising faster than domestic production. [4] In 2006, it imported 145 million tons of crude oil, accounting for 47% of its total oil consumption.
China's top five crude suppliers, Saudi Arabia, Russia, Iraq, Angola, and Brazil, generated nearly 60% of Chinese crude oil imports for 2019. [8] China accounts for 40% of the 2004 oil-consumption increase, and thus is a key part of the cycle which had led to the oil price increase worldwide. [9] China's import dependence remains at 60% as of ...
In March, crude oil imports were about 7.6 million barrels per day, while products imports came to about 1.8 million barrels per day. ... The chart below shows the five-year production history of ...
The nation's trade deficit unexpectedly jumped 8.8% in August to $46.3 billion, the Department of Commerce reported, as imports surged while exports remained essentially unchanged. The consensus ...
(The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
The excess is largely being driven by a weakening economy in China. Demand for oil in the world's second-largest economy contracted for six straight months in a row as of September, IEA data shows ...