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China's oil imports from Russia rise to 2.4M bpd
China's imports of Russian oil saw a significant increase, reaching 2.42 million barrels per day in September 2026, up 20% from the previous year, although they declined by 11% compared to August. During the first nine months of the year, Brazil became China's second-largest oil supplier, surpassing Saudi Arabia, with imports of 44.29 million tons from Brazil compared to 43.12 million tons from Saudi Arabia. Imports from Iraq and Oman decreased year-on-year, while China's imports from sourcing hubs such as Malaysia and Indonesia increased. There were no oil imports from the United States, Venezuela, or Iran in September.
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