China oil imports from Russia down 4.5% y/y

Dhwani Mehta FXStreet

China’s crude oil imports data released for the month of August, showed that Russia continues to remain the top exporter of oil for the world’s second largest oil consumer.

Key Details:

China Aug crude oil imports:

from Russia 1.04mln bpd but down 4.5% y/y

from Angola 983,500 bpd +27.9% y/y

from Saudi Arabia 861,200 - 16.2% y/y

from USA 107,620 bpd +235% y/y

from Oman 576,500 -31.3% y/y

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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