China's crude oil imports from Saudi Arabia rose 76.3% in October, boosted ...
BEIJING - China’s crude oil imports from Saudi Arabia rose 76.3% in October, boosted by demand from new refiners, with the kingdom retaining its position as the top supplier to the world’s biggest oil importer.
Two new integrated independent refineries, Hengli Petrochemical Co in the north and Zhejiang Petrochemical in the south, have supported crude arrivals from Saudi. Chinese customs did not give a number for Venezuelan crude imports but analysts expect the figure to have fallen to zero last month as buyers stopped taking oil from the South American exporter amid sanctions imposed by the United States.
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