China increases purchases of Iranian oil

11:54 - 17.12.2021

December 17, Fineko/abc.az. Chinese refineries increased purchases of cheap Iranian oil last month.

ABC.AZ reports that in November China imported about 18 million barrels of oil (about 600,000 bpd). For comparison, this indicator is by 40% more than in October.

Sources in the market note that Iranian oil is sold for $4 cheaper than the price of ICE Brent crude.

 

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