Russia overtook Saudi Arabia, becoming China's largest supplier of crude oil
Author: Windbell tank gaugeTime: 2017-02-07
According to the data released by China Customs on January 24th, 2017, due to the strong demand of China's independent local refining enterprise, in 2016, for the first time, Russia overtook Saudi Arabia, becoming China's largest supplier of crude oil.
Data show that in 2016, Russia's crude oil exports to China grew by nearly 1/4, to 1,050,000 barrels per day. And Saudi Arabia follow Russia closely, the export volume of crude oil to China is 1,020,000 barrels per day, increase 0.9% from a year earlier.