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Saudi Arabia Inks New Mega Deals With The World’s Largest Oil Importer

OilPrice.com Thursday, 7 November 2019 ()
The world’s top oil exporter Saudi Arabia is looking to cement its top supplier position in the world’s largest oil importer, China, after Saudi Aramco signed on Thursday crude oil sales agreements with five Chinese customers for 2020, boosting expected supply by 151,000 bpd compared to this year’s supply deals. “These agreements reflect Saudi Aramco’s efforts to strengthen its position in China and support the country’s growth in refining and petrochemicals, as well as overall energy security,” the Saudi…
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News video: Saudi Arabia kicks off IPO of world's biggest oil company

Saudi Arabia kicks off IPO of world's biggest oil company 01:52

Saudi Aramco started its initial public offering on Sunday, seven weeks after crippling attacks on its oil facilities. David Doyle reports.

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