The various techniques of the Trump administration in India and China have opened the opportunity to actively buy Russia’s oil at Chinese companies.
Chinese oil refineries have clearly increased the purchases of Russian oils, taking advantage of the fact that India has reduced imports due to the rising American duties. It reports about it Bloomberg On Tuesday, August 19.
According to the Kpler Analytical Company, since the beginning of August, Urals supplies to China have reached about 75 thousand barrels per day, almost twice as much as this year’s average indicator – nearly 40 thousand barrels. At the same time, Indian imports fell to less than 400 thousand barrels per day against an average level of 1.18 million.
Analysts explain that the Urals remain competitive against the background of varieties from the Middle East, while India’s refinery is under pressure from new US tariffs. Washington doubled the fee for all Indian goods to force New Delhi to reduce Russian oil purchases. At the same time, Donald Trump’s administration has not taken steps against China, maintaining a trading truck with Beijing.
Thus, various techniques in India and China have opened the opportunity to actively buy Russia’s oil at Chinese companies. Earlier, the White House called India’s “opportunist and destructive.”
According to aspects of energy and Kpler, Chinese companies have already bought 10 to 15 parties with delivery in October and November. At least two tanks with one million barrels each are expected to remove the coast of China.
Experts note that without China, Russia’s excessive amount of oil would need to be implemented with large discounts to find new buyers.
According to the International Energy Agency, in 2025, the oil supply exceeds the demand of 1.76 million barrels per day, while in 2026 it is already 3 million. It reduces the influence of any short -term reputation -new Russian supply.
Earlier, US minister Scott Immentus warned China that the continuation of Russia’s oil absorption could lead to the introduction of high roles.
That in prices for Russian oil, how Trump’s threats affect
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Source: korrespondent
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