Main menu


China is expanding its purchase of Saudi and Russian oil

China increases purchases of Saudi and Russian oil
China increases purchases of Saudi and Russian oil
Data on China's imports from Saudi Arabia showed a significant increase in China's imports of Saudi oil during the past month, compared to June, to 6.56 million tons, or 1.54 million barrels per day, but it is still slightly lower than its level a year ago. 
This represents the lowest level of Chinese oil imports from Saudi Arabia in more than three years, and the data showed that Russia retained its position as the largest oil supplier to China for the third month in July.
In the same context, data from the General Administration of Customs of China showed that Russian oil imports amounted to 7.15 million tons, an increase of 7.6 percent from last year, including supplies pumped through the East Siberia-Pacific pipeline and sea-borne shipments from Russia's ports in Europe and the Far East. However, Russian supplies in July, equivalent to about 1.68 million barrels per day, were less than the record level recorded in May, which is close to two million barrels per day, and China is the largest buyer of Russian oil as it has been for years.
باحث اقتصادي هدفي إنشاء موسوعة عن الدول العربية توضح جوانب القوة في كل دولة، واتمني أن يأتي اليوم الذي يتحد فيه العرب لتعم الفائدة علي كل الشعوب.


Content Article