US boosts crude sales to China, forcing Saudis to find other markets

Capt. John

The U.S. is quickly ramping up oil sales to China, the world’s biggest importer, forcing traditional suppliers in the Mideast to look for new markets or hold on to their crude in an already oversupplied world. The U.S. accounted for 7% of Chinese crude imports through mid-September, according to...

https://www.hellenicshippingnews.com/us-boosts-crude-sales-to-china-forcing-saudis-to-find-other-markets/

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