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Russia Becomes Top China Oil Supplier for First Time Since 2018.
In: Bloomberg.com, 2024-01-22, S. N.PAG
Online
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Zugriff:
Russia has surpassed Saudi Arabia as the largest supplier of oil to China, despite Western attempts to cut off funding for Russia's conflict in Ukraine. China purchased a record 107 million tons of crude oil from Russia in 2023, a 24% increase from the previous year. Chinese refiners have been attracted to the lower prices of Russian crude, even though it is sold above Western-imposed price caps. Additionally, disagreements with Iranian exporters have further increased demand for Russian crude. Iraq and Malaysia were the third and fourth largest suppliers of oil to China, respectively. Russia also became the top supplier of fuel oil to China, shipping 9.6 million tons. [Extracted from the article]
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Russia Becomes Top China Oil Supplier for First Time Since 2018.
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Zeitschrift: | Bloomberg.com, 2024-01-22, S. N.PAG |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
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