Asia s imports
of crude oil saw robust growth in the new year, reaching an
eight-month high in January as top buyers China and India
snapped up cargoes. The world s top-importing region. -February 01, 2024 at 12:09 am EST
- MarketScreener
Asia s imports of crude oil saw robust growth in January, reaching an eight-month high of 28.57 million barrels per day (bpd), led by top buyers China and India. China imported 11.31 million bpd, slightly below December s figure but well above the same month in 2023. China s imports from Russia surpassed those from Saudi Arabia, although Saudi Arabia increased its exports to regain market share in China. India, Asia s second-biggest importer, is on track for record imports in January, with arrivals of 5.33 million bpd.
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