Chinese demand for Russian oil drops suddenly – Reuters ...News

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Chinese demand for Russian oil drops suddenly – Reuters
Shipments saw a sharp decline in June after reaching record levels in May, ship tracking data shows Deliveries of Russian crude to China almost halved in June from the previous month, as refiners lacked import quotas, Reuters reported on Monday, citing tracking data and market sources. China-bound cargos with Russia’s flagship Urals oil from Baltic and Black Sea ports fell by 50% from June 1 to June 19, compared to the same period in May, and averaged 212,000 barrels per day (bpd), down from 414,000 bpd loaded last month, according to Refinitiv Eikon and Reuters calculations. Crude analysts attributed the decline

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