Russia, Saudi Arabia, Iraq Top Crude Suppliers to China in November

Thursday, 28th December 2017
by Editorial Team

040928-N-7034S-001 Arabian Gulf (Sept. 28, 2004) – The guided missile cruiser USS Mobile Bay (CG 53) conducts patrols near to the Iraqi Al Basra Oil Terminal (ABOT) in the Northern Arabian Gulf. Mobile Bay is a part of USS Essex (LHD 2) Expeditionary Strike Group Three (ESG-3) currently on deployment in support of Operation Iraqi Freedom (OIF). U.S. Navy photo by Photographer’s Mate 2nd Class Samuel W. Shavers (RELEASED)

Russia, Saudi Arabia, and Iraq were the top crude suppliers for China’s domestic market in November, Reuters reports.

China imported 1.26 million barrels per day (b/d) of Russian crude, 1.056 million b/d of Saudi Arabian crude, and 1.023 million b/d of Iraqi crude, the news agency reports.

Russian and Iraqi year-on-year crude exports to China rose while Saudi Arabia’s year-on-year exports fell, according to Reuters.

Driven in part by demand from refineries, Chinese imports climbed in November to 9.01 million b/d, the news agency reports.

The top three exporters to China in October were Russia, Saudi Arabia, and Angola, Platts previously reported.