Russia’s Surging Oil Exports to China in August Fail to Keep Saudis Down: Data

Russia’s Surging Oil Exports to China in August Fail to Keep Saudis Down: Data
An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang Province, China, on July 18, 2022. CNS photo via Reuters
Reuters
Updated:

SINGAPORE—China’s crude oil imports from Russia in August surged 28 percent from a year earlier, official data showed on Tuesday, but it handed back its top supplier ranking to Saudi Arabia for the first time in four months.

Imports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne shipments from Russia’s European and Far Eastern ports, totaled 8.342 million tonnes, data from the Chinese General Administration of Customs showed.