CHINA DATA: Imports of Russian crude plunge in April amid India competition

Inflows of Russian crude to China slumped 23.5% in April to 1.74 million b/d (7.12 million mt) from the record levels in March, General Administration of Customs data showed May 20, as more cargoes from the OPEC+ supplier were drawn to India. Seaborne Russian ESPO Blend crude, a longstanding favorite among China’s private refiners, is starting to attract buyers in…