MARKETS

Russia remains China's largest crude supplier

China likely imported another 2 million bopd of discounted Russian crude oil in June after bringing in around the same amount in May, keeping Russia as its top oil supplier ahead of Saudi Arabia for a second consecutive month data from tanker tracking firms Refinitiv, Vortexa, and Kpler shows.

Tim Daiss
 Oil-tanker.jpg

Oil-tanker.jpg

 Russian crude is estimated to have squeezed out some supply from Saudi Arabia and the rest of the Middle East, as well as West Africa. Supply from OPEC defacto leader Saudi Arabia is tracked at around...

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