Moscow has had to seek alternative markets following sanctions over Ukraine crisis – but strengthening ties with Beijing has been going on for a while
Russia has overtaken Saudi Arabia as the largest supplier of oil to China for the first time, sending almost 930,000 barrels a day last month – up 21% on April.
China imported 3.92m tonnes of crude oil from Russia in May. In comparison, oil imports from Angola and Saudia Arabia totalled 3.26m tonnes and 3.05m tonnes respectively.
Presenting some granular China oil import data, via Reuters. Saudi Arabia and Russia having a good year pic.twitter.com/yxGsVjAqCo