Saudi Arabia's crude oil exports to China decrease by 3 million barrels in September.

Saudi Arabia's crude oil exports to China to fall by 3 million barrels in September, reaching around 43 million barrels, as per trade sources. This decrease follows Saudi Aramco raising official selling prices for light crude grades, while maintaining prices for medium and heavy grades. Some buyers claim Saudi's term supplies remain more expensive than other Middle Eastern grades in the spot market.

August 12, 2024
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