83 supertankers were bound for Chinese ports Saturday carrying an estimated 166 million barrels of oil, Bloomberg reported, citing IHS Maritime data. As the price of crude oil continues to fall, and with IEA estimates released Saturday cutting global demand estimates for 2015, China’s demand has been rising. Erik Folkeson, a shipping analyst at Stockholm-based Swedbank AB, said that “the steep reduction in crude prices and continued output of crude has, in my view, triggered stock building.” China’s strategic petroleum reserve needs approximately another 50 million barrels of crude in 2015, according to Amrita Sen, chief oil market analyst at Energy Aspects Ltd, a London-based consultant.