Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments. China’s imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10.81 million metric tons, or 2.55 million barrels per day (bpd) last month, according to data from the General Administration of Customs. That was quite close to the previous monthly record of 2.56 million bpd in June 2023. Seven Russian tankers under sanctions offloaded Sokol cargoes in Chinese ports in March, as Russia worked to clear a glut of stranded supply in the wake of ... (full story)