Why have China’s oil prices reached a record high?
Al Jazeera · 17 Sep 2026

Why have China’s oil prices reached a record high?

Why have China's oil prices reached a record high? China’s oil prices hit a record high this week, topping out at about 130 US dollars a barrel, as globally supply disruptions drive up prices. But is the world’s biggest oil importer at risk of running out? Al Jazeera’s Katrina Yu explains.


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