China's oil imports from Russia at record levels

September oil import data from China now published 24 Oct

Oil imports from:

  • Russia - +60.5% yy at 1.545mln bpd
  • US - +250% yy at 120,850bpd
  • Angola - +11.5% yy at 1.14mln bpd
  • Saudi - +9.6% at 1.04mln bpd
  • Iran - +59.2% at 784,060 bpd
  • Oman - -25% at 608,560bpn

Notable surge in oil imports from US pro rata but still well below levels from others in real terms.

" Oil just keep chewing away at these though"

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