精品成人免费自拍视频|一本大道看香蕉大在线|五月丁香乱码日韩精品区|久久国产精品成人片免费|日韩中文字幕亚洲精品欧美|视频福利国产午夜一区二区|国产毛片一区二区三区精品|国产欧美精品一区二区三区网址

<rt id="vbn1q"><label id="vbn1q"></label></rt>

  • <rt id="vbn1q"><dfn id="vbn1q"></dfn></rt>

      1. 
        

        <form id="vbn1q"></form>
        The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
        logo

        The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

        ufi

        BEIJING, China

        March 26-28,2026

        LOCATION :Home> News> Industry News

        Saudis focus oil shipments on China during production cuts

        Pubdate:2020-06-01 10:31 Source:liyanping Click:

        LONDON (Bloomberg) --An early look at Saudi Arabia’s crude exports for May shows that historic production cuts have done little to squelch the kingdom’s flood of oil to China, which is just getting back on its feet from the coronavirus.

        Saudi flows to the Asian nation were about 2.1 million barrels a day through May 28 -- a figure that may rise in the coming days -- tanker-tracking and fixture data show. That compares with 2.3 million in April, which was the highest since the start of 2017, when Bloomberg began tracking shipments. It’s also just the third time during that period when average daily exports to China breached the 2 million mark.

        By contrast, overall Saudi crude shipments dropped to about 6.6 million barrels a day this month after reaching 9.3 million in April, also the highest in at least three years. Last month’s volumes were an anomaly, the result of a price war, and May’s exports are much closer to the average in recent years.

        Still, the data show a nation straddling two eras as the coronavirus turns the oil market on its head. Saudi Arabia is leading an unprecedented international effort to slash global output by more than 10% to help remove a glut, caused by the pandemic crushing oil demand. Before it agreed to those curbs, however, the kingdom slashed selling prices to the lowest in decades. The effects of this grab for market share are still rippling through the market as China recovers.

        Also of note in May, Saudi shipments to the U.S. and India both slumped. Last month, the kingdom sent almost 1.3 million barrels a day to the U.S., a glut that threatened to disrupt the American market. Flows to the U.S. this month have dropped to about 570,000 barrels a day, though the figure could rise as several vessels still haven’t signaled final destinations.

        Saudi crude exports to India, its closest major market, plunged by almost 50% to 560,000 barrels a day in May. Last month, Saudi shipments surged as the kingdom edged out other exporters to the South Asian nation, notably Iraq.

        Next month, the export picture could show another decline in overall flows. State oil producer Saudi Aramco has already indicated it will trim shipments to Asia while aggressively cutting those to the U.S. and Europe. And Saudi Arabia and Russia, the leaders of the OPEC+ effort to curb output, earlier this week pledged further coordination. The Organization of Petroleum Exporting Countries and its allies are set to hold online meetings June 9-10 to discuss the future of their pact.

        民勤县| 手游| 平陆县| 太和县| 邯郸县| 陵川县| 凤山市| 雅江县| 西乡县| 九龙坡区| 县级市| 永安市| 德令哈市| 昭平县| 西乌珠穆沁旗| 鲁山县| 陵水| 新乐市| 台北县| 大庆市| 边坝县| 铜陵市| 北宁市| 珠海市| 广饶县| 石柱| 工布江达县| 兴安县| 仲巴县| 延边| 吉隆县| 休宁县| 崇礼县| 建德市| 梨树县| 宜昌市| 林甸县| 新密市| 阿巴嘎旗| 兴安县| 兴文县|