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12 Feb, 15:19

Russian oil supplies to China down 9% in December, OPEC says

At the same time, according to Vortexa data cited by OPEC, Russia provided for 38% of total oil imports by India in December, similarly to November

MOSCOW, February 12. /TASS/. China reduced Russian oil purchases by 9% in December 2024 and its share in total Chinese dropped from 22% in November 2024 to 18%, according to data in the OPEC February report.

Saudi Arabia ranks second by the volume of supplies to China in December with 14% of the total volume. Total oil imports by China dropped by 5% monthly to 11.3 mln barrels daily in December 2024.

At the same time, according to Vortexa data cited by OPEC, Russia provided for 38% of total oil imports by India in December, similarly to November. Total Indian oil imports amounted to 4.7 mln barrels per day in December 2024, up 2% month on month.