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China’s oil purchases from Africa fall 22.6% between January and September

China's purchases of oil from African countries registered a year-on-year drop of 22.6%, between January and September, according to data from consultancy S&P Global, highlighting the accelerated Asian transition to suppliers in Russia and the Persian Gulf.

This drop further reduced Africa's share of the Chinese oil market, from 13.2% last year to just over 10% in the first three quarters of 2022, according to . . .

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