The US remained the world's largest market for crude oil imports in 2014. Total net crude oil imports came in at 7.2mn barrels per day (b/d) in 2014, compared to the 6.2mn b/d registered by China for the same year. However, there is a noticeable rise in China's crude oil imports and fall in the US' crude import demand. For the former, a domestic expansion in refning capacity and limited growth in domestic crude production pushed its imports upwards. For the US, the shale revolution saw a dramatic increase in domestic crude production, thereby reducing its reliance on foreign crude imports to meet the needs of its refning industry.
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