March 07, 2023 11:59 GMT
China's Crude Imports from Russia's European Facing Ports Soars Early March
OIL
China's imports of Russian Urals and Arctic crudes soar in early March according to Vortexa.
- Flows from Russia’s European facing ports is starting to show up in the data because of the longer journey’s vessels have had to take post Feb 5 sanctions.
- The data is likely to ebb and flow in the months ahead as vessels take a long time travelling back to Russia’s European facing ports and then heading back to Asia again – stretching fleet capacity.
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