According to China’s General Administration of Customs, oil imports from Russia amounted to 7.15 million tons, up 7.6% from a year ago.
It is reported by Reuters.
Russian deliveries in July of about 1.68 million barrels per day were lower than the May record of about 2 million barrels per day.
Currently, China is the largest buyer of oil in Russia.
Since the beginning of this year, oil imports from Russia amounted to 48.45 million tons, which is 4.4% more than last year, but it still lags behind Saudi Arabia, which supplied 49.84 million tons.
Significant Russian purchases crowded out competing shipments from Angola and Brazil, which fell 27% and 58% year-on-year, respectively.
VIDEO OF THE DAY
The second largest importer is Saudi Arabia, which supplied up to 6.56 million tons, or 1.54 million barrels per day.
Recall:
Imports of Russian coal to China in July increased by 14% compared to last year and reached the highest level in the last five years.
The Schwedt refinery, partly owned by Russia’s Rosneft, has begun processing US oil blended with Russian Urals oil.
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