China's crude oil imports retreated during 2022.

Crude oil imports into China were down 4.6 percent year-on-year during the first 11 months of 2022. In its latest weekly report, shipbroker said that '2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession. In the first 11 months of 2022, global crude oil loadings were up +8.6 percent yo-y at 1,866.8 mln tonnes, excluding all cabotage trade, according to vessels tracking data...