China’s crude oil imports have doubled from 2011 to 2021 and now account for 20% of global seaborne crude oil volumes. While China’s January to May 2022 seaborne crude oil imports are down 2.2% y/y, a 51.4% m/m boost in imports from Russia has helped lift China’s seaborne crude imports to 42.6 million tonnes in …
The post China’s seaborne import of Russian crude jumps 51.4% in May first appeared on Hellenic Shipping News Worldwide.