China April Crude Imports Shift to Russia, Brazil as Fuel Oil Imports Fall 60%

businessenergy-marketsoilworldchina 4 posts · 1 accounts

China's April crude imports shifted toward Russia and Brazil and away from several Middle East suppliers, according to customs data published Wednesday. Imports from Russia, China's biggest supplier, rose 11% from a year earlier to 8.97 million tons, or 2.18 million barrels a day, while Brazil shipments surged 71% to 5.92 million tons, or 1.44 million bpd. Saudi Arabia volumes fell 8% to 5.07 million tons, and imports from the UAE, Iraq and Kuwait slumped 81%, 90% and 85%, respectively.

China's fuel oil imports totaled 976,599 metric tons in April, or about 200,000 bpd, down 60% from March and 47% from a year earlier, the lowest level since August 2022. The decline came as feedstock demand weakened after the U.S.-Iran war slowed refinery runs.

From the sources (4 posts)

@staunovo

China's fuel oil imports for April fell to their lowest level in nearly four years, customs data released on Wednesday showed, as demand for feedstock dropped after the U.S.-Iran war slowed refinery runs. Imports of fuel oil totalled 976,5

@staunovo

#China's crude oil imports from its biggest supplier, Russia, stood at 8.97 million tons last month, or 2.18 million barrels per day, up 11% year-on-year, according to customs data published on Wednesday. Imports from China's second-bigges

@staunovo

#China: crude imports from Russia and Saudi Arabia in mbpd (customs office data) #OOTT

@staunovo

#China: crude imports by origin in mbpd (customs office data)

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