Russia now China’s biggest oil supplier

January-February volumes spiked more that 20% year-on-year Russia became China’s largest oil supplier in the first two months of 2023, overtaking Saudi Arabia, Reuters reported on Tuesday, citing data from China’s General Administration of Customs. Crude deliveries from Russia amounted to 15.68 million tons in January-February, roughly 1.94 million barrels per day (bpd). It marked a 23.8% increase compared to the same period in 2022. Imports from Saudi Arabia, China’s top supplier last year, totaled 13.92 million tons in the reporting period, or 1.72 million bpd, down from 1.81 million bpd during the same period l

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