China Scoops Up Russian Crude Amid U.S. Pressure on India
Chinese refiners are set to buy 10 to 15 discounted Russian crude cargoes for October and November, nearly doubling their usual intake amid US tariffs limiting India's imports.
Summary by Oil Price
12 Articles
12 Articles
China's oil refineries have increased the purchase of Russian Urals oil, which has been used by the United States...
China Ramps Up Urals Crude Imports as India Retreats Amid US Tariff Hike
Chinese refiners are ramping up purchases of Russia’s flagship Urals crude, moving quickly to snap up discounted shipments that India has pulled back from as Washington raises trade tariffs on New Delhi. This was reported by Bloomberg on August 19. While China remains the largest buyer of Russian oil, it typically relies on supplies from Russia’s Far East. Yet in August alone, deliveries of Urals—shipped from Baltic and Black Sea ports—surged to…
Coverage Details
Total News Sources12
Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 17%
R 33%
Factuality
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