China boosts oil imports in January
|China Customs published their latest import data on oil for the month of January.
Key Details:
China’s imports from Russia y/y +36.5% at 1.08m bpd
From Saudi y/y+ 18.9% at 1.18m bpd
From Iraq y/y +43.2% at 825,820 bpd
From Angola y/y +63.5% at 1.17m bpd
Iran is an exception this time, at minus 1.3% y/y at 402,750 bpd
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