China Buys More Urals Crude, On Track To Hit 11-Month High ...Middle East

While the debate about the effectiveness of the Western-led sanctions on Russians continues, China’s imports of Urals-grade Russian crude oil could hit an 11-month high, Reuters said on Monday. China, so far in April, has purchased 265,000 barrels per day of Russian Urals grade crude oil. This is a 36% increase—or an increase of 70,000 barrels per day from China’s March loadings for the Russian grade oil. April-loaded Urals should arrive in China sometime in May and early June, Reuters said. China also purchases other Russian…

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