China crude oil imports from Russia up 15% in January 2016
According to China’s Customs General Administration, China in January 2016 increased crude oil imports from Russia by 15% compared with the same month last year to 3.3 mln tons. However, compared with December, the volume was reduced by 30%. Saudi Arabia was the largest supplier of oil to China in the past month: supply totaled 4.233 mln tons. This is 2% less than in January 2015 and 5.3% below the December figure.