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China quietly boosts strategic oil reserves as world totals 2.5 billion barrels by 2025

Economy
Published on 24 April 2026
China quietly boosts strategic oil reserves as world totals 2.5 billion barrels by 2025

While the US sells to cut prices, China grows stocks

Global strategic oil reserves hit 2.5 billion barrels by end-2025, led by China, the United States, and Japan. The US is drawing down supplies to help lower prices, but other countries still hold major stockpiles. China stands out for materially increasing reserves in recent years, signaling a tighter grip on energy security.

  • Global strategic oil inventories reached 2.5 billion barrels by 2025
  • China, the US, and Japan hold the largest stockpiles
  • The US is releasing oil to support lower prices
  • China expanded its strategic reserves in recent years
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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