Saudi Arabia remained China’s single largest crude oil supplier in June, ahead of Russia, although Saudi shipments to the world’s top oil importer fell by 19 percent last month amid lower overall imports, according to official Chinese customs data cited by Reuters . In June 2021, China imported 1.75 million barrels per day (bpd) of Saudi crude oil, China’s General Administration of Customs said on Tuesday. This volume was higher than the 1.62 million bpd crude oil imports from Russia, keeping the Kingdom ahead of Russia as China’s top oil supplier for an eight month running, according to the data quoted by Reuters. The customs data in China showed local refiners didn’t import any crude from either Iran or Venezuela, the two OPEC members under U.S. sanctions that restrict their oil exports. Unofficially, however, China continues to import oil from Iran, often disguised as coming from other countries, including […]