China’s June crude oil imports rose by a third from the same period in 2019, which represents the second consecutive straight monthly production record following the arrival of the second batch of April’s cheap oil.

Crude oil imports have increased by 135.2% in February 2020.

PKN Orlen, the Polish oil refiner, announced that it will increase its monthly imports of crude oil from Saudi Aramco to around 400,000 tons.

China’s crude oil imports from Russia have hit a new record of 1.24mb/d, up 33.7% from 2015, according to data from the Chinese General Administration of Customs.

India seeks to expand its oil ties with African nations in order to lock in supplies at the time of low oil prices to be able to meet country's future demand.