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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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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.