China likely imported another 2 million barrels per day (bpd) of discounted Russian crude oil in June after bringing in around the same amount in May, keeping Russia as its top oil supplier ahead of Saudi Arabia for a second consecutive month. Russian crude is estimated to have squeezed out some supply from Saudi Arabia and the rest of the Middle East, as well as West Africa, Reuters reported on Wednesday, citing data from tanker tracking firms Refinitiv, Vortexa, and Kpler. While record imports of Russian crude continued from May into June in…
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