China eyes cheap Russian energy - media ...News

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China eyes cheap Russian energy - media
Beijing wants to fill up its strategic crude stockpiles, Bloomberg reports Beijing is in discussions with Moscow to buy additional oil supplies, Bloomberg reported this week, citing people with knowledge of the plan. China is seeking to replenish its storage tanks with discounted Russian crude before prices rise again, they said. According to the sources, who asked not to be named, details on volumes or terms of a potential deal haven’t been decided yet, and there’s no guarantee an agreement will be struck. “There is still room to replenish stocks and it would be a good opportunity for them to do so, if they can b

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