Chinese Refiners Snap Up Discounted ESPO And Urals Crudes ...Middle East

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Chinese Refiners Snap Up Discounted ESPO And Urals Crudes
China imported the highest-ever volumes of Russian crude oil in March, which kept Russia on top of Chinese crude suppliers’ list ahead of Saudi Arabia, government data from China showed on Friday. Russian crude arrivals to China surged to a record high of 2.26 million barrels per day (bpd) in March, up by 50% compared to 1.50 million bpd in March 2022, per data from China’s General Administration of Customs cited by Reuters. Crude arrivals to China from Saudi Arabia also increased last month, but were still below the record volumes…

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