China imports more oil from Saudi than any other country in JuneChristian Fernsby ▼ | July 26, 2020
China’s crude oil imports from Saudi Arabia rose 15% in June from a year ago.
Oil imports China port
Topics: China oil Saudi
That was in line with May’s volumes, but well above 1.89 million bpd during the same period last year.
The record imports follow a price war between Saudi Arabia and Russia, the world’s top oil exporters, during March and April when the coronavirus pandemic dampened demand and caused a global fuel glut.
Shipments from Russia were at 7.98 million tonnes last month, or 1.95 million barrels per day (bpd), up around 7% from 1.82 million bpd in May and 1.73 million bpd in June 2019. ■