💥 JUST IN: Saudi Oil Exports to China Hit Multi-Year High
Saudi Arabia’s crude exports to China are set to reach a **multi-year high**, strengthening energy ties between the world’s top oil exporter and its largest crude importer.
State producer **Saudi Aramco** has reportedly allocated elevated volumes to Chinese refiners, reflecting strong refinery demand and competitive pricing. China remains Saudi Arabia’s largest customer, ahead of other Asian buyers.
China’s refining sector has ramped up runs amid improving industrial activity and export margins. Higher Saudi flows may also reflect OPEC+ supply dynamics and strategic positioning against competing suppliers like Russia and the U.S.
• Potential support for Brent crude prices
• Strengthened Middle East–Asia energy alignment
• Impact on tanker rates and shipping stocks
• Possible pressure on rival crude exporters
Brent & WTI futures, OPEC+ policy signals, China refinery utilization rates, and global shipping indices.
