Oil: Saudis follow China's top supplier

China, one of the world's largest oil consumers, and for seven consecutive months has Saudi Arabia as its main supplier. In March (the seventh consecutive month), imports of the commodity increased 8.8 percent compared to the same period in 2020, driven by high demand and the arrival of late shipments, according to Reuters. Imports reached 7.84 million tons of oil, or 1.5 million barrels per day (bpd), according to information from the General Customs Administration.

In addition, in China imports also had a high in the United Arab Emirates, with growth of 86% compared to the previous year, and with Russia, with 6% compared to the previous year. In the latter case, imports still fell below the number of bpd in February (1.91 million compared to 1.75 million bpd in March).


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