Russia Overtakes Saudi Arabia As China's Largest Oil Supplier | Carscoops

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Russia Overtakes Saudi Arabia As China's Largest Oil Supplier | Carscoops
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Russia Overtakes Saudi Arabia As China's Largest Oil Supplier | Carscoops carscoops

Urals oil in February having briefly paused purchases in late 2022. Chinese refiners are able to avoid violating Western sanctions for the purchase of Russian oil by using intermediary traders to handle the shipping and insurance of crude.

Iraq was the third-largest exporter of oil to China in January and February with 9.62 million tonnes, a 4% decline from last year. Oil imports from the United Arab Emirates increased by 11.5% to 6.58 million tonnes and soared by 46% from Brazil to 6.27 million tonnes.

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