Why China is likely to import less crude from Saudi Arabia in February
China is set to import less crude oil from Saudi Arabia on a month-on-month basis in February after the Kingdom hikes prices for exports to Asia, according to a Reuters report. Saudi Arabia, and the Organization of the Petroleum Exporting Countries and allies had extended their voluntary production cuts of 2.
Posted by Hicham ALAOUI RIZQ on 2025, Jan 09
Introduction
China is set to import less crude oil from Saudi Arabia on a month-on-month basis in February after the Kingdom hikes prices for exports to Asia, according to a Reuters report. Saudi Arabia, and the Organization of the Petroleum Exporting Countries and allies had extended their voluntary production cuts of 2.
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