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This Article is From Jan 04, 2018

Saudi Crude Sales to China May Have Just Taken a Big Hit: Chart

Saudi Crude Sales to China May Have Just Taken a Big Hit: Chart

(Bloomberg) -- Early tanker tracking data indicate that China's oil imports from Saudi Arabia may be about to take a hit. Just under 3.5 million tons of crude left the Middle East country for the Asian nation's ports in December, a 20 percent month-on-month drop to the lowest in 2017. Deliveries take about 20 days to reach China, which will next publish country-by-country imports data around Jan. 22, showing whether Saudi oil flows were curtailed on the key trade route.

To contact the reporters on this story: Brian Wingfield in London at bwingfield3@bloomberg.net, Julian Lee in London at jlee1627@bloomberg.net.

To contact the editors responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net, John Deane

©2018 Bloomberg L.P.

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