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News Highlights

 
 


 
3 months ago

China is buying more oil from Russia at a low price




China secretly buys more oil from Russia at a low price. the news is confirmed by Reuters.

After the start of the Ukraine invasion, European countries reduced buying oil from Russia, that's why Russia searching for a new market for selling their oil, and China is one of them.

China's oil imports from Russia hit a record high in May, according to Vortexer, an organization that analyzes oil and gas data.

This month, China imported about 11 million barrels of oil per day from Russia. But in the first three months of this year, it imported an average of 7 million barrels of oil per day, and last year it imported an average of 8 million barrels of oil from Russia.

Ukraine's Zelensky says he has 'cooled' on joining NATO and is open to discussions about control of

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