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Russia leads crude suppliers to China

Russia was China’s largest supplier of crude oil for the first time on record in May, as Moscow looks beyond Europe for customers and grows itsties in the east.

The country It leapfrogged Saudi Arabia, the world’s largest oil exporter, sending almost 930,000 barrels a day to China, up 21 per cent since April, according to customs data published yesterday.

Saudi Arabia dropped from the top spot to number three, below even Angola, with sales falling to 722,000 b/d, down almost 43 per cent from the month before.

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