Saudi Arabia boosts China oil exports to over 2-year high in August, Sinopec ramps up intake

In August, Saudi Arabia is poised to increase its crude oil exports to China, reaching their highest level in over two years.  The move by Saudi Arabia reflected the top exporter’s strategy to reclaim market share in the world’s largest oil importer. Saudi Aramco, the state oil firm, is set to ship approximately 51 million […]