20.07.2026, 09:45
China has sharply increased purchases of Russian oil
Source: OREANDA-NEWS
OREANDA-NEWS In the first half of 2026, China increased imports of Russian oil by 16.7 percent, to 57.28 million tons. This is reported by TASS with reference to data from Chinese customs officials.
At the same time, it is noted that the cost of supplies increased by 31.1 percent, reaching $ 33.13 billion. The figure increased year-on-year by about eight million tons of oil and eight billion dollars.
In May, Russia, although it reduced supplies from 9.32 million barrels per day to 7.72 million, remained the largest supplier of hydrocarbons to China, ahead of Saudi Arabia, which is second with 17 percent with a market share of 25 percent.
Meanwhile, global oil prices rose above $90 per barrel amid a new escalation of the Iranian conflict.
At the same time, it is noted that the cost of supplies increased by 31.1 percent, reaching $ 33.13 billion. The figure increased year-on-year by about eight million tons of oil and eight billion dollars.
In May, Russia, although it reduced supplies from 9.32 million barrels per day to 7.72 million, remained the largest supplier of hydrocarbons to China, ahead of Saudi Arabia, which is second with 17 percent with a market share of 25 percent.
Meanwhile, global oil prices rose above $90 per barrel amid a new escalation of the Iranian conflict.
Комментарии