RE:RE:China: June 2020 Crude Oil Imports Hit Record High, up 25% Well I could see China taking advantage of lower prices in March & April to build up a cheap reserve of oil, which iss what they did. By June, oil consumption is more likely driven by the general economy bouncing back. Only time will tell if Stockfy is right (I don't follow him enough to agree or disagree with your comments). You do sound like an oil bear from the tone of your response his more positive outlook..........