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China Secures Record Russian Oil Imports as India Reduces Purchases
Market Intelligence Analysis
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Why This Matters
China's oil imports from Russia are expected to reach an all-time high of 2.07-2.08 million barrels per day in February, driven by discounted supply and India's reduction in Russian oil purchases.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
China’s oil imports from Russia are on track for all-time high of over 2 million barrels per day in February as India is withdrawing from Russian spot purchases and supply is now heavily discounted for Chinese independent refiners. China is set to import 2.07-2.08 million barrels per day (bpd) of oil from Russia this month, according to data from Vortexa and Kpler cited by Reuters. The figure would be a new record high and significantly higher than the 1.7 million bpd estimated imports of Russian oil to China in January. …
Original article published by
OilPrice.com
on February 16, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.