Home Freight News China’s Saudi oil imports fall 21%

China’s Saudi oil imports fall 21%

0
China’s Saudi oil imports fall 21%

[ad_1]

China’s imports from Saudi Arabia fell 21% in May from a year earlier but retained their top ranking among suppliers for a ninth month in a row, customs data showed.

Shipments from Saudi Arabia were 7.2 million tonnes last month, or 1.69 million barrels per day (bpd), data from the General Administration of Chinese Customs showed.

That compared to 6.47 million tonnes in April and 9.16 million in May 2020.

Imports from second-largest supplier Russia also dropped from a month earlier, to 5.44 million tonnes, or 1.28 million bpd.

The scale-backs by the top two exporters were in line with a steep annual decline of nearly 15% to this year’s lowest total crude imports into China.

Imports from United Arab Emirates arrivals fell 25% last month from year-ago levels.

That is a possible sign that Iranian oil shipments were slowing further from peaks early this year amid talks between Tehran and world powers to revive the nuclear deal the United States exited in 2018.

Reuters has reported that Iran has sold record amounts of oil since late 2020, disguised as crude oil from other origins that included the UAE and Oman.

Customs recorded zero imports from Iran for a fifth month in a row.

The customs’ database also showed a 3.6% year-on-year rise to 1.04 million tonnes of imports from Malaysia, which traders said has been a key transshipment point for heavy crude blends from Venezuela.

Official data has consistently recorded zero imports from Caracas since October 2019, as dominant state importer CNPC halted loading, fearful of U.S. sanctions.

Venezuela oil, however, had slipped into China, passed on as Malaysian bitumen blend after transshipments in Malaysian waters, analysts said.

Imports from the United States reached 1.07 million tonnes, nearly doubled the level a year earlier.
Source: Reuters (Reporting by Chen Aizhu and Muyu Xu; Editing by Emelia Sithole-Matarise)



[ad_2]

This article has been posted as is from Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

actress jyothi orgymovs.info telugu aunty xvideos hinbi sax ganstavideos.com sexxx vdo مقاطع سكس امهات felltube.com افلام جنسية مترجمة عربى dasesaxe xxxhindiporn.net porn video 3gp xxxnew pinkpix.net bangladeshi blue flim
www com xxx vdeo tubepornfilm.mobi freshpornclips نيك حامد freesextube.org ام تتناك india sex live bigassporntrends.com hidi xxx com bukkake comics hentaiclan.com supergirl hentai comic سكس حفله muarab.net نيك من السباك
ng bahay pinoyteleseryelove.com deped laptop mallu actress hot video dirtygfs.net london sex video brawling go 112 hentaihug.com sister cleaire karla estrada children replayteleserye.com gagamit سكس ميا arabianporns.com شم طيز