Thursday, March 23, 2023

Russia Is Now China's Biggest Supplier For Oil

Russian President Vladimir Putin and China's President Xi Jinping shake hands during a signing ceremony, following their talks at the Kremlin in Moscow, on 21 March 2023 (AFP)  

RT: Russia now China’s biggest oil supplier – Reuters 

January-February volumes spiked more than 20% year-on-year  

Russia became China’s largest oil supplier in the first two months of 2023, overtaking Saudi Arabia, Reuters reported on Tuesday, citing data from Beijing’s General Administration of Customs. 

Crude deliveries from Russia amounted to 15.68 million tons in January-February, roughly 1.94 million barrels per day (bpd). It marked a 23.8% increase compared to the same period in 2022.  

Read more ....  

WNU Editor: The benefits to China for this trade have been enormous .... Factbox-How China benefits from Western sanctions on Russia's energy exports (Today On Line). 

Russia Is Now China's Biggest Supplier For Oil 

 Russia surpasses Saudi Arabia as China's top oil supplier -- Al-Monitor  

Russia surpasses Saudi Arabia as China’s top oil supplier -- Middle East Eye  

China's imports of Russian oil, gas, and coal surged in 2022 -- Quartz 

China's Russian Energy Imports Balloon to $88 Billion Since War -- Bloomberg  

Russia overtakes Saudi Arabia as China’s top oil supplier -- Al Jazeera

2 comments:

Anonymous said...

Hard to tell if our leaders are this incompetent or if this is all by design. Not sure which would be worse really.

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