Oil
China's refineries snap up Russian oil
Oil refineries in China have stepped up their purchases of Russian flagship crude oil, taking the opportunity to take over the cargoes given up by India at reduced prices.
8/19/2025
Although China is the largest importer of Russian oil, it mainly receives supplies from the Far East. In August, however, deliveries of Urals oil, which comes from ports in the Baltic and Black Seas, totalled almost 75,000 barrels per day. According to Kpler, this is almost twice as much as the annual average of around 40,000 barrels.In contrast,…
