China oil imports from Russia down 4.5% y/y

China’s crude oil imports data released for the month of August, showed that Russia continues to remain the top exporter of oil for the world’s second largest oil consumer.

Key Details:

China Aug crude oil imports:

from Russia 1.04mln bpd but down 4.5% y/y

from Angola 983,500 bpd +27.9% y/y

from Saudi Arabia 861,200 - 16.2% y/y

from USA 107,620 bpd +235% y/y

from Oman 576,500 -31.3% y/y