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Saudi Arabia’s production cuts are gradually moving into their third month of existence, creating a level of backwardation that the oil markets hasn't seen in a long time
Saudi Arabia may raise prices of all crude grades it sells to Asia in October as the world’s top oil exporter is expected to extend its voluntary output cut…
Chinese Oil Imports: Imports from Saudi Arabia in July came in at 5.65 million metric tons, or 1.33 million bpd, the lowest since June 2022, China customs data showed on Sunday. July's Saudi imports slipped 31per cent from June and are down 14% from a year earlier.
BEIJING: Russia remained China’s largest crude supplier in July, Chinese government data showed on Sunday, even as...
BEIJING (Reuters) -- Russia remained China's largest crude supplier in July, Chinese government data showed on Sunday, even as Russian shipments fall