Published

Russia Overtakes Saudi Arabia To Become Largest Supplier Of Oil To China

  • In 2023, Russia surpassed Saudi Arabia as the top crude oil supplier to China, despite Western sanctions, by shipping a record 107.02 million metric tons of crude oil.
  • Saudi Arabia's market share declined due to cheaper Russian crude, leading to a 1.8% decrease in imports to 85.96 million tons.
  • China's overall crude imports for 2023 reached a record of 563.99 million metric tons, driven by increased demand from Chinese and Indian refiners for discounted Russian oil.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 43% of the sources lean Right
43% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)