China swallows up Russian ESPO blend oil cargoes

14.10.2022

China, the world's biggest oil importer, has bought nearly all of the cargoes of Russia's ESPO Blend crude oil loading from the Far East port of Kozmino in September and October, according to traders and Refinitiv Eikon data.

In September, 2.3 million tons of ESPO, a light crude valued by refiners...