China will witness positive growth in crude oil imports in 2021, albeit at a slower pace compared with 2020, as a sharp rebound in global oil prices and limited capacity expansion plans at home will limit the appetite of Asia’s biggest oil consumer to buy and maintain plentiful inventories. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Analysts told S&P Global Platts that China may not be able to repeat last year’s stellar year-on-year import growth of 7% when the COVID-19 pandemic destroyed demand across the globe and pulled down prices to record lows, giving top oil importers like China an opportunity to snap up as many […]