Russia is Now China’s Largest Oil Supplier 

Russia is Now China’s Largest Oil Supplier 

According to a Reuters report on June 20, 2022, Russia has now surpassed Saudi Arabia as China’s largest oil supplier. Reuters cited figures coming from Chinese customs to relay this development. 

Russian news agency TASS reported that Russian oil exports to China in the month of May increased by 55% on a year-to-year basis. 

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Saudi Arabia supplied 1.84 million barrels per day to China in May. On the other hand, Russia has leapfrogged the Gulf Arab state, now that it’s supplying China roughly 1.98 million barrels per day. 

“The data, which shows that Russia took back the top ranking of suppliers to the world’s biggest crude oil importer after a gap of 19 months, indicates that Moscow is able to find buyers

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