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Thu 4 Jan 2018 08:29 AM

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Saudi crude sales to China may have just taken a big hit

Just under 3.5 million tons of crude left the Middle East country for the Asian nation's ports in December

Saudi crude sales to China may have just taken a big hit
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.

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.

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