Malaysia Becomes China’s Second Largest Crude Oil Supplier, Pushing Brazil to Third Place



The Rio Times Staff | The Rio Times

RIO DE JANEIRO, BRAZIL – Crude oil flows from Malaysia to independent refiners in China witnessed a dramatic surge of more than 70% year on year in January, helping the Asian supplier to displace Brazil from the second spot, while Russia held on to the ranking as the top supplier even with modest growth in volume.

The growing interest in Malaysian blends reflects the flexibility of China’s independent refiners in embracing blended crudes.

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