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Saudi oil sales to China to halve next month, Bloomberg News reports

  • Saudi Aramco is set to ship about 20 million barrels of oil to its customers in China for May
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Saudi Arabia’s crude oil sales to China are set to halve next month as the war in the Middle East upends flows and lifts prices, Bloomberg News reported on Monday, citing traders familiar with the matter.

Saudi Aramco is set to ship about 20 million barrels of oil to its customers in China for May, down from about 40 million barrels assigned for loading in April, the report said.

Reuters could not immediately confirm the report.

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