Brazil Soars to China’s No. 3 Crude Oil Supplier in September

For the first nine months of 2020, Russia remained the top seller with supplies totalling 64.62 million tons, while Saudi Arabia trailed at 63.57 million tons.

RIO DE JANEIRO, BRAZIL - Brazil jumped to China’s third-biggest crude oil supplier in September, import data showed on Sunday, as China’s independent refiners scooped up cheap supplies of the South American exporter’s relatively high quality oil.

Imports from Brazil in September hit 4.49 million tonnes, up from 2.96 million tonnes a year earlier, data from China’s General Administration of Customs showed. Brazil overtook Iraq, which fell to fifth-biggest supplier.

China’s January-September imports from Brazil were 33.69 million tonnes, up 15.6 percent from a year earlier, according to Reuters . . .

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