China snapping up stranded Russian crude – Bloomberg ...News

A number of tankers with Sokol grade oil have reportedly been stranded off the coast of India due to Western sanctions Chinese refiners have been snapping up cargoes of Russia’s Far East Sokol grade oil that have been stranded off the coast of India due to Western sanctions and thus undeliverable, Bloomberg has reported, citing vessel-tracking data by Kpler. Mostly private Chinese refiners have taken delivery of an average of 168,000 barrels a day of Sokol so far this month. This is three times above the pace in January and well ahead of the 53,000 barrels averaged in 2023, according to Kpler. Meanwhile, supplies

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