Saudi crude retains top spot in China in 2015

摘要

Singapore-Saudi Arabia retained its position as China’s biggest crude oil supplier in 2015, but its market share fell from 2014, while Russia boosted exports to displace Angola and become the second-largest supplier in Asia’s biggest oil consuming nation. Saudi Arabia’s crude oil sales to China grew only 1.8% year on year in 2015, and its market share fell to 15% in 2016 from 16% in 2014. Russia’s sales to China jumped more than 28% in 2015, helping it to raise its market share close to 13%, from less than 11% in 2014, detailed data from the General Administration of Customs showed late Wednesday.