Russia

China's crude oil output up 1.1% to 91.31 mln tons in January-May

TASS English · 2026-06-16

AI SUMMARY

• What happened: China's crude oil production increased by 1.1% to 91.31 million metric tons from January to May 2026, while natural gas production rose by 1.7% to 111.7 billion cubic meters. • Why it matters: The rise in crude oil and natural gas production indicates a slight recovery in China's energy sector, despite a decline in crude oil processing volumes and coal production during the same period. • What to watch next: Analysts will monitor future production trends and processing volumes, as well as the impact of these changes on China's energy market and global oil prices.

China's crude oil output up 1.1% to 91.31 mln tons in January-May Natural gas production rose by 1.7% in the reporting period to reach 111.7 bln cubic metersBEIJING, June 16. /TASS/. China's crude oil production totaled 91.31 mln metric tons in January-May 2026, up 1.1% compared with the same period last year, according to data released by the National Bureau of Statistics of China. According to the statistics, crude oil output in May increased by 0.5% year-on-year to 18.57 mln metric tons. Average daily production last month reached 599,000 metric tons. At the same time, crude oil processing volumes in May declined by 9.1% to 53.72 mln metric tons. The pace of decline accelerated by 3.3 percentage points compared with April. During the first five months of the year, the country's refineries processed 292.8 mln metric tons of crude oil, representing a 2.2% year-on-year decrease. Natural gas production, meanwhile, rose by 1.7% in January-May to reach 111.7 bln cubic meters. Gas output in May totaled 21.7 bln cubic meters, down 2.2% year-on-year. Coal production during the first five months of the year declined by 0.3% to 1.98 bln metric tons, while electricity generation in China increased by 3.6% over the same period to 3.91 trillion kilowatt-hours. 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Source: TASS English
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