China Snaps Up Russia’s Sokol Crude as Indian Buyers Turn Away

An oil delivery point operated by Bashneft PAO in Sergeevka village, near Ufa, Russia.

Photographer: Andrey Rudakov/Bloomberg

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Refiners in China, the world’s largest oil importer, are taking greater volumes of a crude grade from Russia’s Far East that’s largely being shunned by their counterparts in India amid sanctions concerns.