Malaysia is top crude supplier to China’s independents in 2022 despite Russian competition

China’s independent refineries sourced their biggest crude volumes from Malaysia for the second year in a row in 2022, pushing Russia to take the second spot, despite plentiful availability of discounted cargoes from the non-OPEC supplier; while ESPO crude remained a hot favorite among these refiners. Shipments from Malaysia rose by a robust 36% on the year to 46.47 million…