China's crude imports from Saudi Arabia, Russia rebound in Aug, but uptrend likely to falter
Oil
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Article by:
Jennifer Gnana, Claudia Carpenter and Oceana Zhou - S&P Global Commodities
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Date Published:
August 21, 2023
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Who was cited:
Iman Nasseri, Managing Director - Middle East - FGE
China's crude oil imports from Saudi Arabia and Russia are showing signs of a rebound in August after declines in July, but those gains are not likely to last as refineries wait for the next announcement on import quotas.
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