CNBC | China heads for record crude buying year CNBC As China closes in on the United States as the world's biggest crude oil importer, demand from private refiners and stockpiling of cheap oil is expected to keep imports at record levels after a wobble in the third quarter. Despite slower growth in ... European Oil Companies Steal a March on US Peers in Iran Oil futures log lowest settlement in more than 2 weeks Wheezing China Gut Punches Global Oil Market |