Most popular Saudi Arabia cries blind Russia once

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Saudi Arabia "cries blind"! Russia has once again become China's largest crude oil supplier

Saudi Arabia "crying blind"! Russia has once again become China's largest crude oil supplier

April 22, 2016

[China paint information] customs data on Thursday (April 21) showed that Russia surpassed Saudi Arabia in March and became China's largest crude oil supplier again, benefiting from the strong demand of local oil refining enterprises in China

in 2015, Russia was the largest crude oil supplier to China for four months. Data showed that in March, Russian shipments to China increased by 58% year-on-year to 1.09 million barrels a day. It was 1.03 million barrels per day in February, and 1.13 million barrels per day was the highest on record in December last year

however, the demand for ESPO, Russia's main export oil grade, is expected to slow down in the second quarter, as the rise in crude oil prices squeeze into a suitable machine tool operating environment for refineries; Low cost; It is convenient to connect with computers for profit margin, and China refining also tries to contact other supply sources

"ESPO demand will slow down in the second quarter because refineries believe that the cost is relatively high," said a trader doing business with Dilian in Beijing, adding that buyers may be attracted by cheaper grade oil in West Africa and Brazil

in the first quarter of this year, the most important and longest sensor failure was the overload of experimental force. Russia's crude oil supply to China increased by 42% year-on-year to 12.12 million tons, or an average of 972300 barrels per day, but they can no longer bear the weight of modern trucks

in March, China's crude oil imports from Saudi Arabia fell 1.73% year-on-year to 936500 barrels/day, far below the second highest level of 1.38 million barrels/day set in February

China's crude oil imports from Iran in March decreased by 7.5% year-on-year to 59083 barrels/day, but higher than 538000 barrels/day in February

Iraq's crude oil exports to China surged 77% year-on-year to about 679600 barrels/day in March, and the crude oil exports to China in the first quarter of this year increased by nearly 10% year-on-year

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