Saudi Arabia Remained China’s Top Oil Supplier In 2020

Saudi Arabia narrowly beat Russia to hold onto the title of the single largest oil supplier to the world’s biggest oil importer, China, in 2020, according to Chinese government data.   For most of last year, Saudi Arabia—the largest oil exporter in the world—and its key partner in the OPEC+ deal, Russia, were head-to-head in a very close race for the top spot as the biggest crude oil supplier to China. In the end, Saudi Arabia edged past Russia, shipping on average 1.69 million barrels per day (bpd) of oil to China, according…