Saudi Crude Sales to China Set for October Jump Amid Deep Price Cut

Saudi Crude Sales to China Set for October Jump amid Deep Price Cut

Saudi Arabia’s crude shipments to China are expected to rebound in October to a level with the August volumes of more than two-year highs, after Saudi state oil giant Aramco slashed the price of its crude for Asia next month. Aramco is expected to ship as many as 51 million barrels of Saudi crude to China in October, multiple trade sources told Reuters on Thursday. This volume is equal to 1.65 million barrels per day (bpd) of Saudi exports to Ch…

Chinese imports of Saudi crude oil forecast to surge

Saudi Aramco cuts October prices 1.65m bpd up from 1.43 bpd Saudi bid to reclaim market share Saudi Arabia’s crude oil exports to China are set to increase in October after a deep cut in prices, several trade sources said on Thursday. State oil company Saudi Aramco will ship about 51 million barrels to China in October, about 1.65 million barrels per day (bpd), a tally of allocations to Chinese refiners showed. The October plan compares with 1.4…

Saudi crude oil supply to China set to surge in October, trade sources say

State oil company Saudi Aramco will ship about 51 million barrels to China in October

Saudi Crude Oil Supply to China Set to Surge in October, Trade Sources Say - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – Saudi Arabia’s crude oil exports to China are set to surge in October after a deep cut in prices, several trade sources said on Thursday. State oil company Saudi Aramco  will ship about 51 million barrels to China in October, about 1.65 million barrels per day (bpd), a tally of allocations to Chinese refiners ...