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China accelerates oil reserve site build amid stockpiling drive

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Published07 OCT 25 - 12:45 Reading time  minutes
“China’s stockbuilding strategy has always been to have sufficient energy security for the nation that is highly dependent on crude imports,” said June Goh, Singapore-based analyst at Sparta Commodities.

Reuters, Oct 7, 2025 – China is rapidly boosting oil reserves, adding 169 million barrels in 2025-26 to absorb surplus supply and support sub-$70 prices, with total stockpiles now around 735–799 million barrels and a target of six months of imports.

Topics Crude
Author

June Goh

Senior Oil Analyst

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