Russia becomes China’s top oil supplier – media ...News

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Russia becomes China’s top oil supplier – media
Big discounts help Moscow overtake Saudi Arabia in exports to the world’s biggest crude consumer Russia became China’s top oil supplier in May, with exports soaring 55% from last year, Reuters reported on Monday citing data from the Chinese General Administration of Customs. According to the report, imports of Russian oil to China last month amounted to nearly 8.42 million tons, or 1.98 million barrels per day, including volumes pumped via the East Siberia Pacific Ocean (ESPO) pipeline and shipments from Russia’s European and Far Eastern ports. The 25% increase from April enabled Russia to displace Saudi Arabia to

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