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EIA: China surpasses the US as the world’s largest crude oil importer in 2017

China surpassed the United States in yearly gross crude oil imports during 2017, importing 8.4 million barrels per day (b/d) in comparison to 7.9 million b/d for the United States. In 2013, China had become the world's largest net importer of total petroleum and other liquid fuels. New refinery capacity and strategic inventory stockpiling combined with decreasing domestic oil production were the most important factors that contributed to the recent increase in China’s crude oil imports.

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