Beijing has begun purchases of three types of Arctic crude previously destined for the EU, Bloomberg reports China has ramped up imports of a wider variety of Russian crude oil, including Arctic grades with a rare and less-known dense and highly sulfurous Arco, Bloomberg reported on Tuesday, citing oil-flow tracking data from Vortexa and Kpler. The first purchases of Arco took place in November 2022, according to traders. Data from Kpler analytics also tracked Beijing’s latest purchases of Varandey crude and a lighter variety known as Novy Port in batches. Deliveries are scheduled for this month and for February,
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