19  August  2017

Home    About Us    Contact Us    Membership and Fee Policies   Search   Chinese  
Search
Industry in Focus
China In Focus
World Events
Business Contact
Chinese Companies
International Companies
Information Database
China Petroleum Report
Monthly Report
Annual Report
Product and Service
Platform
Laws and Regulation
Exhibition and Forums
 Infopetro -> Industry in Focus


Saudi Retains Top Oil Supplier To China Despite YOY Drop

  03/29/2017

Saudi Arabia maintained its spot as China's top oil supplier in February, two months into the first OPEC output cuts in almost a decade, despite a near 13 percent fall in shipments from a year ago, data showed on Thursday.

China imported 4.77 million tonnes of crude oil from Saudi Arabia, or about 1.24 million barrels per day, according to data from the Chinese General Administration of Customs

Russia was China's second-biggest supplier with shipments of 4.29 million tonnes, or 1.12 million bpd, a gain of 4.5 percent on a year earlier.

Angola ranked third with supplies falling 32 percent to a daily rate of just under 850,000 bpd, the data showed.

The Organization of the Petroleum Exporting Countries is curbing its output by about 1.2 million barrels per day (bpd) from Jan. 1 for six months, the first reduction in eight years. Russia and other non-OPEC producers agreed to cut half as much.



Home | About Us | Contact Us | Membership and Fee Policies | Search
© 2017 InfoPetro Technology Development, Ltd., All Rights Reserved.  ICP05035784