By Olga Yagova and Gleb Gorodyankin
MOSCOW, March 25 (Reuters) - China is buying a record 1.6
million tonnes of Russian oil by sea loading in the next 2-3
weeks, taking advantage of rock bottom prices for the Russian
grade combined with a collapse in demand in Europe, traders said
on Wednesday.
The volumes make for a new monthly record of Urals supply to
China after they surpassed 1.2 million tonnes in January.
They also provide a lifeline to Russian exporters as they
struggle to sell the grade in Europe due to the spread of
coronavirus hitting demand.
(Additional reporting by Aizhu Chen in Singapore; editing by
Jason Neely)