Russia Overtakes Saudi Arabia To Become China’s Top Oil Supplier
- Russia overtook China to become the top supplier of oil to China in January and February, with imports of Russian crude hitting to 1.94 million bpd.
- Chinese imports of Russian oil jumped by 23.8% year-over-year as the country took advantage of Russia’s discounted crude.
- For the full-year 2022, Saudi Arabia was China’s top crude oil supplier – ahead of Russia – with shipments averaging 1.75 million bpd.
Russia Overtakes Saudi Arabia To Become China’s Top Oil Supplier | OilPrice.com
Russia overtook Saudi Arabia to become the top crude supplier to China in January and February, with imports of Russian crude jumping 23.8% year-over-year.
oilprice.com