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China slashes crude imports from Saudi Arabia in August 2024

Guangzhou (JLC), September 27, 2024--China slashed its crude imports from Saudi Arabia in August, mainly because of relatively high prices, according to data from the GACC.

09-27-2024 15:17:14

China INE crude price soars after Saudi Arabia, Russia extend supply cuts

Guangzhou (JLC), September 6, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) surged on Wednesday after Saudi Arabia and Russia announced an extension of their

09-06-2023 19:35:13

Saudi Arabia regains first place among crude suppliers to China

Guangzhou (JLC), May 22, 2023--Saudi Arabia topped the crude suppliers to China in April, the first time in six months, according to data from the General Administration of Customs of the PRC (GACC).

05-22-2023 15:37:46

Saudi Arabia still tops crude suppliers to China in Jan-Nov

Guangzhou (JLC), December 21, 2022--Saudi Arabia was still the biggest crude supplier to China in January-November 2022, though its supply slipped and Russia’s surged.

12-21-2022 18:05:09

Saudi Arabia remains biggest crude supplier to China in first 10 months

Guangzhou (JLC), November 23, 2022--Saudi Arabia was still the biggest crude oil supplier to China in the first 10 months of 2022, and its supply edged up when China’s total imports slipped.

11-23-2022 15:14:20

Saudi Arabia remains largest crude supplier to China in first nine months

Guangzhou (JLC), October 27, 2022--Saudi Arabia was still the largest crude supplier to China in the first nine months of 2022, despite a modest drop in its supply.

10-27-2022 22:59:08

Russia surpasses Saudi Arabia as biggest crude supplier to China

Guangzhou (JLC), June 21, 2022--Russia surpassed Saudi Arabia as the biggest crude supplier to China in May 2021, the first time in 19 months, which was ascribed to discounted prices.

06-21-2022 16:39:24

China boosts Apr crude imports from Saudi Arabia sharply

Guangzhou (JLC), May 20, 2022--China boosted its crude imports sharply from Saudi Arabia in April as the two countries deepened their cooperation and the latter shifted more focus on Asia.

05-20-2022 17:44:38

China boosts crude imports from Saudi Arabia in July

Guangzhou (JLC), August 24, 2021-China boosted crude imports from Saudi Arabia sharply on a year-on-year comparison in July 2021 when it cut imports from most suppliers, according to the General Administration of Customs (GAC).

08-24-2021 17:48:04

China imports more crude from Saudi Arabia, Kuwait in April

Guangzhou (JLC), May 25, 2021--China imported more crude oil from Saudi Arabia, Kuwait and some other suppliers in the Middle East in April, according to data from the General Administration of Customs (GAC).

05-25-2021 14:17:40

Saudi Arabia remains top crude supplier to China in Jan-Feb

Guangzhou (JLC), March 23, 2021--Saudi Arabia retained the position as the biggest crude supplier to China in the first two months of 2021, according to data from China’s General Administration of Customs (GAC).

03-23-2021 15:59:05

INE crude rises further after another attack on Saudi Arabia

The price of crude futures on the Shanghai International Energy Exchange (INE) soared on Monday, after the Houthis launched an attack on Saudi Arabia and China saw rising crude imports in January-February.

03-08-2021 18:49:02

INE crude gains steam on Saudi Arabia’s additional cut

Guangzhou (JLC), January 6, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rebounded on Wednesday, as the OPEC+ meeting ended with a major surprise cut from Saudi Arabia.

01-06-2021 19:54:43

China crude imports soar in H1, mainly from Saudi Arabia

Beijing (JLC), July 27, 2020--China imported 268 million mt of crude in the first half of the year, an increase of 9.9% from a year earlier, and Saudi Arabia was the larges crude supplier to the country, according to the General Administration of Customs (GAC) of China.

07-28-2020 16:00:59

INE crude slips as Saudi Arabia resumes production fast

Guangzhou (JLC), September 27, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform slipped further on Friday, as Saudi Arabia was resuming production faster than expected and demand concerns persisted.

09-27-2019 19:42:25

INE crude drops as Saudi Arabia promises to restore full production

Guangzhou (JLC), September 18, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform retreated on Wednesday, as Saudi Arabia promised to restore full production in the near term.

09-18-2019 19:50:06

China crude imports from Saudi Arabia smash record in June

Beijing (JLC), July 29, 2019--China's crude oil imports from Saudi Arabia surged to 7.72 million mt, or about 1.89 million barrels per day (bpd) in June, shattering the record of 7.33 million mt hit in March, according to customs data.

07-29-2019 14:05:15

China April crude oil imports from Saudi Arabia up 43% YoY

Beijing (JLC), May 28, 2019--China's crude oil imports from Saudi Arabia rose 43% in April, making the Middle Eastern OPEC kingpin once again the top supplier to the world's second-biggest economy, boosted by demand from new independent refiners.

05-28-2019 17:44:43

Saudi Arabia regains first place among crude suppliers to China

Saudi Arabia replaced Russia as the biggest crude oil supplier to China in February 2019, the first time since losing the laurel to Russia in 2016, according to data from China’s General Administration of Customs (GAC).

03-27-2019 16:57:33

Sinopec continues to cut light oil imports from Saudi Arabia

Sinopec’s trading sector Unipec claimed that in June and July it would continue to cut the oil imports from Saudi Arabia, as other Middle East countries’ crude oil price are much cheaper.

05-03-2018 11:55:01

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