China: Production (YTD Cumulative) - Crude Oil

Macro

2025-06-16

Description

The cumulative crude oil production value of China's industrial enterprises above designated size is released by China's National Bureau of Statistics (NBS). This indicator measures the total crude oil production of industrial enterprises above designated size and is used to evaluate the output and supply capacity of China's crude oil industry. A higher cumulative value indicates strong production capacity, while a lower cumulative value may indicate potential problems in the industry.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update

AI Data Insight

Cumulative crude oil production in China reached 216.05 million tons through November 2025, a 1.5% year-over-year increase that already exceeds full-year forecasts of 215 million tons. While EV adoption is softening domestic fuel demand, the steady supply growth underscores Beijing's unyielding commitment to energy security and the '200-million-ton' strategic floor.

AI Data Insight

Cumulative crude oil production in China reached 216.05 million tons through November 2025, a 1.5% year-over-year increase that already exceeds full-year forecasts of 215 million tons. While EV adoption is softening domestic fuel demand, the steady supply growth underscores Beijing's unyielding commitment to energy security and the '200-million-ton' strategic floor.

Description

The cumulative crude oil production value of China's industrial enterprises above designated size is released by China's National Bureau of Statistics (NBS). This indicator measures the total crude oil production of industrial enterprises above designated size and is used to evaluate the output and supply capacity of China's crude oil industry. A higher cumulative value indicates strong production capacity, while a lower cumulative value may indicate potential problems in the industry.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update