日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Business / Economy

Russia now China's largest crude supplier

By Du Juan (China Daily) Updated: 2015-06-25 08:37

Russia now China's largest crude supplier

A supply and storage center for crude from Russia in Daqing, Heilongjiang province. Russia became China's biggest crude supplier in May, overtaking Saudi Arabia, as the global competition for oil intensified. [Photo/Xinhua]

Russia became China's biggest crude supplier in May, overtaking Saudi Arabia, as the global competition for oil intensified.

China imported a record 3.92 million metric tons of Russian crude during the month, or 927,000 barrels a day, according to data from the General Administration of Customs on Tuesday, a 20 percent increase on April.

Saudi Arabia has slipped to China's third-largest crude supplier, after Russia and Angola.

The Gulf oil giant exported 42 percent less crude to China compared with the previous month to 3.05 million metric tons, the equivalent of 722,000 barrels a day, according to customs data.

Last year, China imported around 33 million tons of crude from Russia, a 36 percent increase compared with the previous year, according to Wind Information Co, a financial research provider.

Gao Jian, an oil analyst at Sublime China Information, a domestic commodity consultancy, said Russia agreed to settle all of its crude sales to China in renminbi earlier this month, which boosted crude exports to the country.

"The application of renminbi in global oil trading will become a trend as global crude supply increases and China becomes an important buyer with a bigger say," Gao said.

According to BP Plc's annual energy report, the United States is now the world's largest oil and natural gas producer, and China's energy consumption growth is slowing because of the country's control of its energy-intensive industries.

"All those factors have converted the global crude trade from being a seller's market into a buyer's market," Gao said.

According to estimates from the Paris-based International Energy Agency, China, which is the world's second-largest crude user, will account for 11 percent of world demand this year, making it a key target market for major exporters including Russia, Saudi Arabia and Iraq.

Li Yan, a crude analyst with Shandong Longzhong Information Technology Co Ltd, said Saudi Arabia is losing market share because it is having to compete with other suppliers on price.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 57pao成人永久免费视频 | 国产精品久久久久久久久免费 | 亚洲精品乱码久久久久久花季 | 久久大胆视频 | 国精品一区 | 午夜理论电影在线观看亚洲 | 亚洲精品福利你懂 | 久久一级 | 啪啪小视频 | 91aiai.com | 国产精品亚洲成在人线 | 日韩福利视频导航 | 国产一区久久 | 欧美最猛性xxxxx亚洲精品 | 天天插视频| 亚洲精品午夜在线观看 | 亚洲精品亚洲人成人网 | 欧美日韩在线视频一区 | 精品久久久久区二区8888 | 久草网站| 国产精品果冻麻豆精东天美 | 国产精品视频播放 | 999久久久免费精品国产 | 午夜精品一区二区三区免费视频 | 色狠狠色狠狠综合天天 | 三级日韩| 日韩激情视频在线 | 97超视频在线观看 | 欧美高潮 | 欧美性一区二区三区 | 一区二区三区欧美 | 美女久久 | 欧美激情一区二区三区中文字幕 | 第一页在线视频 | 国产婷婷在线观看 | 日韩欧美三区 | 精品福利在线视频 | 日本xxxx18高清免费 | 亚洲精品一区二区三区不 | 国产三级在线视频 一区二区三区 | 91高清国产经典在线观看 |