More than 30% of global maritime crude oil trade moves through the South China Sea

The South China Sea is a major trade route for crude oil, and in 2016, more than 30% of global maritime crude oil trade, or about 15 million barrels per day (b/d), passed through the South China Sea. Source: Today in Energy – More than 30% of global maritime crude oil trade moves through the South China Sea

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Source: CTRM Center

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