China imported 5.16 million tons of crude oil from Saudi Arabia in April, touching a record low from 2019 May. This is puzzling, with the low price, one would think China would import a lot of crude. What is happening? Perhaps this is one of the reasons? 100 million tons of oil reserves were detected in CNOOC-owned Kenli 6-1 oilfield. It is the first 100 million-ton oilfield in Bohai Bay area, guaranteeing China’s energy security and boosting the economy of regions around the sea.