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FinancialNews


  • 27-12-20

    Saudi Arabia's oil exports to China increases 43 percent last month

    (MENAFN)According to Reuters, Saudi Arabia"s oil exports to China rose 43 percent month-on-month in November this year to stand at 8.48 million tons, or 2.06 million barrels per day (bpd). Hence, the Kingdom restored its position as the largest oil supplier to China.

    Russia came second, with oil exports of 6.1 million tons. It was followed by Iraq with 5.098 million tons.

    China's imports from the US reached in November to 3.61 million tons, in comparison with 0.26 million in the same period of previous year as the companies speeded their energy purchases as per a commercial agreement.

    MENAFN27122020000045011369ID1101344341

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