Russia was China’s top oil supplier for the twelfth month in April
The HinduRussia was China’s top oil supplier in April for a 12th month, with volumes rising 30% from a year earlier, official data showed, as refiners continued to cash in on discounted shipments, while supplies from Saudi Arabia fell a quarter on higher prices. China’s crude-oil imports from Russia, which include supplies sent via pipelines and the sea, were 9.26 million metric tonne last month, or 2.25 million barrels per day, according to data from the General Administration of Customs. In April, Russia cut its crude supply by 1,50,000 bpd to 9.3 million bpd, according to the IEA’s monthly oil market report. Saudi imports dip Imports from Saudi Arabia, which was last China’s biggest supplier in April 2023, were 6.34 million tons, or 1.54 million bpd, down 25% from a year earlier.