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Russia has become a world leader in the supply of oil to China

Россия стала мировым лидером по поставкам нефти в Китай

Russia in January-may of 2016, took first place for oil supplies to China, which rose by 42 per cent to 22.17 million tonnes. On Tuesday, June 28, reports TASS, citing data from the China customs.

In second place is Saudi Arabia, which for five months has increased oil exports to China by 4 percent to 21.88 million tons. Third place on deliveries took Angola — of 18.51 million tons (an increase of 16 percent).

Iraq for five months of increased exports to China by 18.4 percent to 14.58 million tons), Oman — 20 percent (to 14.14 million tons), Iran set of 11.77 million tons (down 1 percent). Further, the volume of exports to China followed by Brazil, Kuwait, Venezuela, United Arab Emirates.

June 28, according to 16:25 GMT Brent crude on London’s ICE futures exchange was trading at the level of 48.91 dollar rate plus 2.39 percentage points compared with the close of trading on June 27). The cost of WTI crude oil was up 47.53 USD per barrel (plus 2.72%).

Before the referendum on UK membership of the EU oil standard grade Brent, held at 50-51 to the dollar. After the announcement of the victory of eurosceptics, it fell to 48.41 dollars per barrel.

23 may it became known that companies from China are considering the possibility of participating in future auctions by futures on Urals crude oil, the sale of which in Saint-Petersburg international Mercantile exchange (SPIMEX) will be used rubles.

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