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

Al Jazeera English Al Jazeera English September 17, 2026 at 8:30 PM

play Live Sign upShow navigation menuplay Live Click here to searchsearchSign upToggle PlayWhy 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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Why have China’s oil prices reached a record high?

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