Russia has become the main oil exporter to China
Edited by Rhod Mackenzie / 2016-07-13 05:00:27
Saudi Arabia was the second oil exporter to China after Russia, OPEC reports.
In May China increased oil purchase from Russia by 65 thousand barrels a day. The supplies from Saudi Arabia fell by 40 thousand barrels a day. In total China consumed 7.6 mln barrels a day.
The stake of Russia in the oil market of China made up 16%, Saudi Arabia – 13%, Iraq – 11%.
OPEC was reported to have increased oil extraction to the maximum of 2008. It produced 32.73 mln barrels a day.
