Riyadh – Mubasher: Saudi Arabia’s crude oil exports to China, the world’s largest oil consumer, increased by 43% in April, supported by demand from new private refiners, according to data from the General Administration of Customs released on Saturday.
China’s oil imports from Saudi Arabia reached 6.30 million tonnes, 1.53 million barrels per day (mbpd), in April, compared to 1.07 mbpd in the same month a year ago.
Globally, crude oil imports of the world’s second biggest economy levelled up to 6.12 million tonnes, or 1.49 mbpd in April, versus 1.35 mbpd in the same period of the prior year.