SAUDIS OIL FOR CHINA: +20%
PLATTS - China's crude oil imports from Saudi Arabia in February rose 19.5% month on month to 1.21 million b/d, or 4.64 million mt, making it the second-largest supplier, data released by the General Administration of Customs on Tuesday showed.
Its imports of Saudi crude were the lowest in five months in January.
The steep month-on-month rise in barrels per day is because of February being a shorter month with 28 days.
Russia remained China's top crude supplier in the month with 1.32 million b/d, despite a 1.3% fall in imports from the country month on month.
China's overall crude oil imports declined 12.1% month on month, but rose 1.5% from a year ago to 8.45 million b/d in February.
Over the first two months of the year, the country's crude imports gained 10.8% on the year to 9.06 million b/d amid high imports from Russia, Brazil, Kuwait and the US.
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