SINGAPORE/BEIJING : China's crude oil imports from Russia rose 8.6 per cent in April from a year earlier, as larger private refiners also embarked on purchases of the discounted fuel. Arrivals from Russia - including seaborne shipments and supplies via pipelines - totalled 7.1 million tonnes or 1.73 milli
SINGAPORE/BEIJING : China's crude oil imports from Russia rose 8.6 per cent in April from a year earlier, as larger private refiners also embarked on purchases of the discounted fuel.
Large private integrated refiners have joined smaller independent plants in snapping up lower-priced Russian oil, both the ESPO blend loaded from Russia's Far East and Urals from European ports. Imports of Saudi oil - mostly consumed by state refiners and mega private plants - totalled 8.46 million tonnes or 2.06 million bpd, the data showed, slightly down from March's 2.1 million bpd and compared with 2.17 million bpd a year earlier.
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