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flag Saudi Arabia boosts oil exports to China and India, raising March shipments to 56–57 million barrels amid lower prices and shifting global demand.

flag Saudi Arabia is increasing oil exports to China, with March loadings expected at 56–57 million barrels—up from 48 million in February—after cutting prices on its Arab Light crude to their lowest in over five years. flag The move boosted demand from Chinese and Indian refiners, with India set to receive at least 1 million extra barrels, as it shifts away from Russian oil amid U.S. pressure. flag South Korean and Japanese refiners are also expected to receive higher volumes. flag Global oil prices held steady near $68 per barrel amid geopolitical tensions and concerns over oversupply, with the IEA warning of a potential 3.7 million bpd surplus in 2026.

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