China’s oil refineries have started to take larger volumes of oil from Russia, which their counterparts in India largely avoid due to fears of sanctions, reports Bloomberg. This month, private refiners mainly extracted an average of 168,000 barrels of Sokol per day, which is three times more than in January and significantly exceeds the 53,000 barrels in 2023. Meanwhile, oil flows to India this month amounted to about 119,000 barrels per day after halting in January and December, but lower than 140,000 barrels last year. China and India have become the largest consumers of Russian oil, includi…