China's imports of crude oil and coal imports from Russia exploded in August, but despite the jump in supply, Russia handed back its top oil supplier ranking to Saudi Arabia for the first time in four months, even as coal exports hit a record high.
China's imports of crude oil and coal imports from Russia exploded in August, data showed on Tuesday, but despite the jump in supply, Russia handed back its top oil supplier ranking to Saudi Arabia for the first time in four months, even as coal exports hit a record high., imports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne shipments from Russia's European and Far Eastern ports, totalled 8.
Russian imports rose as Chinese independent refiners extended purchases of discounted Russian supplies that elbowed out rival cargoes from West Africa and Brazil. The table below shows imports by country, with volumes in metric tonnes and percentage change calculated by Reuters. Arrivals of Russian coal last month reached 8.54 million tonnes, up from the previous peak of 7.42 million tonnes in July, Chinese customs data showed on Tuesday. In fact, the monthly figure was the highest on record, since comparable statistics began in 2017.
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