China’s oil Imports from Russia rose 15% y/y at 793k bpd in Jan

As reported by China’s customs office, the Chinese crude oil imports from Russia increased in January, on annual basis.

Key Updates:

Imports from Russia up 15% y/y at 793k bpd in January

Imports from Saudi Arabia down 2% y/y at 996,900 bpd

Imports from Iran down -13% y/y at 408,100 bpd