MarketsRussia has increased oil supplies to China

Russia has increased oil supplies to China

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In January-October, Russia increased oil supplies to China by about 9.5% compared to the same period last year. A total of 71.97 million tons were delivered. This is reported by TASS with reference to the Main Customs Administration of the People’s Republic of China.

Although the increase in the volume of supply does not exceed 10% in annual terms, the value increased by 53% and amounted to 49.19 billion dollars.

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In September and October 2022, Russia was the second largest supplier of black gold to China. Delivery was 7.46 million tons and 7.72 million tons, respectively.

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Saudi Arabia is in first place this year in terms of energy supply to China. The country sold 73.76 million tons worth $55.5 billion, with Iraq (44.74 million tons worth $32 billion), Oman (32.85 million tons $24.47 billion) and the UAE (32.77 million tons $25) rounding out the top five. ,37 billion).

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Source: rambler

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James
James
I’m a news writer for 24 Happenings, an online magazine that caters to people who want to know about things that are happening in the world. I grew up in the Midwest and have always been interested in writing. After trying out a few different styles of writing, I landed on my current genre – investigative journalism. When I’m not working on my next project or following my favorite team, I like to spend time with family or go for walks around my neighborhood.

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