New Data Reveals China’s Growing Dependence on Middle Eastern Oil

Middle Eastern oil producers now account for 48.3% of China’s oil buys in the first half of the year, according to the latest Chinese customs data. Saudi Arabia is the top provider, with 16.8% of the market in H1 2021, followed by Russia with 15.3%.

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The post New Data Reveals China’s Growing Dependence on Middle Eastern Oil appeared first on The China Africa Project.



source https://chinaafricaproject.com/2021/07/22/new-data-reveals-chinas-growing-dependence-on-middle-eastern-oil/

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