China’s oil imports from Russia up in July; no US shipments, no Trump tariff yet

China’s crude oil imports rose 11.5 per cent in July from a year earlier, supported by high operating rates at state-owned refineries, Reuters reported, citing customs data released on Wednesday.

Russia remained the country’s largest supplier, with shipments increasing 16.8 per cent year-on-year to 8.71 million metric tons, or 2.05 million barrels per day (bpd).

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