Oil Tankers Wait Offshore as Russia Redirects Barrels to China

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Oil tankers carrying up to 12 million barrels of crude oil are waiting offshore in East Asian waters, primarily due to India's reduced demand, with some vessels signaling 'for orders' or 'China for orders', indicating a potential shift in destination to China.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Tankers carrying a total of up to 12 million barrels of crude oil are either en route or close to China in East Asian waters, waiting for buyers in the world’s top crude importer, as India is pulling back. Five of these tankers signal ‘for orders’ or ‘China for orders’ as their status, per data intelligence firm Kpler cited by Bloomberg on Friday. ‘For orders’ typically means the cargo doesn’t have a destination port or buyer. Six other vessels are en route to offshore Singapore…

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Original article published by OilPrice.com on February 6, 2026.
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