China’s Purchases of Saudi Crude to Drop in June ...Middle East

OILPRICE - Economy
China’s Purchases of Saudi Crude to Drop in June
Higher Saudi crude prices and weakened refining margins will see Chinese refiners lift lower volumes of oil from the world’s top oil exporter in June compared to May, sources familiar with the plans told Reuters on Friday. This month, China is set to buy a total of 45 million barrels of Saudi crude. The volume is then expected to drop by 5.8 million barrels in June, with the lower supply mostly in the Arab Medium and Arab Heavy crude grades, according to Reuters’ sources.    The Kingdom is also limiting some heavier crude…

Hence then, the article about china s purchases of saudi crude to drop in june was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China’s Purchases of Saudi Crude to Drop in June )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy