January oil import data by China now out 24 Feb
– from Russia yy +36.5$ at 1.08m bpd
– Saudi yy+ 18.9% at 1.18m bpd
– Iraq yy +43,2% at 825,820 bpd
– Angola yy +63.5% at 1.17m bpd
One reduction and that’s from Iran which is out of favour at minus 1.3% yy at 402,750 bpd