China raised its oil imports from Saudi Arabia in July compared to June.

China raised its oil imports from Saudi Arabia in July compared to June.

According to data released today, on Saturday, China’s crude oil imports from Saudi Arabia rose in July compared to June, reaching 6.56 million tonnes, or 1.54 million barrels per day. However, these imports are still down slightly from a year ago, and this is the lowest level for more than three years. Years.

Statistics show that Russia continued to be China’s top oil supplier in July for the third consecutive month as independent refineries increased their purchases of lower supplies while reducing shipments from rival suppliers like Angola and Brazil.
China’s General Administration of Customs said that Russia imported 7.15 million tonnes of oil, an increase of 7.

6 from the previous year, and these supplies came from both seaborne exports from Russia’s ports in Europe and the Far East as well as supplies pumped through the East Siberia-Pacific pipeline.
However, despite the fact that China is the country’s top oil customer, Russian oil shipments in July, at roughly 1.68 million barrels per day, were lower than the record level seen in May, which was close to 2 million barrels per day.
The number of imports from Russia since the year’s commencement is 48.

China imported 45 million tonnes last year, an increase of 4. 4 over the previous year, but it still lags behind Saudi Arabia, which sent 49. 84 million tonnes, or 1 less, to China.

In comparison to June, China increased its purchases of oil from Saudi Arabia in July.

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