China Poised to Import Record-High Crude Oil Volumes From Russia

China Poised to Import Record-High Crude Oil Volumes From Russia

OilPrice.com

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China is expected to import record-high oil volumes from Russia in March as the world’s top crude importer is mopping up cargoes shunned by India, Bloomberg reported on Monday, citing tanker-tracking data from Kpler.   China is expected to welcome this month as much as 1.7 million barrels per day (bpd) of crude from Russia as refiners are on track to import record-high volumes of the Russian grade Sokol, from which India has been shying away recently.   Chinese imports of Sokol are expected to hit a record high of 379,000…

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