China is now the single largest imported of crude oil globally. As such, the shift towards more Russian oil imports is a major change in the market. In its latest weekly report, shipbroker Banchero Costa said that “the start of 2023 has been a positive period for crude oil trade, despite the high...
https://www.hellenicshippingnews.com/tankers-china-is-now-the-biggest-oil-importer-in-the-world/