Published: May 23rd, 2022,
Last updated: May 23rd, 2022
China has increased oil purchases from Russia at discounted prices. This is according to shipping data and oil traders, Reuters reported on Friday. According to analysts, oil tanker shipments from Russia to China will rise to 1.1 million barrels per day in May. In the first quarter, the figure had been 750,000 barrels per day.