China quietly increases purchases of low-priced Russian oil

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China quietly increases purchases of low-priced Russian oil

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23-05-2022, 06:40 AM

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China quietly increases purchases of low-priced Russian oil

An honorable member of the Coffee Shop Has Just Posted the Following:

China quietly increases purchases of low-priced Russian oil
www.channelnewsasia.com

SINGAPORE : China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away from business with Russia after its invasion of Ukraine in February.

The move by the world's biggest oil importer comes a month after it...

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