Saudi Crude Flows to China to Remain at 1-Year High in June ...Middle East

Saudi Arabia’s crude oil flows to China are expected to stay at a one-year high of about 48 million barrels in June—roughly the same volume arriving in China from the world’s top crude exporter this month, trade sources told Reuters on Tuesday. Following the OPEC+ decision to continue boosting production, the Saudi supply to the world’s largest crude oil importer is set to remain at a year-high for the month of June, according to Reuters data of the allocations to Chinese refineries. Sinochem and private refiners, including…

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