Energy Intelligence reported that Chinese crude imports rose by 5.5% YoY to 4.04 million barrels per day in May with Iran becoming the largest supplier.
As per report imports from Iran almost doubled to 730,000 barrels per day while imports from Saudi Arabia reached 653,000 barrels per day down by 15.5% YoY.
Imports from Angola dropped 35.5% to 483,000 barrels per day, while volumes from Oman rose 70% to 319,000 barrels per day and imports from Kuwait almost tripled to 244,000 barrels per day.
