Iran: China's Top Oil Supplier

摘要

China imported an average of 4.04 million b/d of crude oil in May, up 5.5% from a year earlier. Customs data show Iran grabbed the No. 1 spot from Saudi Arabia and Angola, having refused to go along with Opec output curbs. Imports from Iran almost doubled to 730,000 b/d; Saudi Arabia trailed behind at 653,000 b/d, 15.5% down on a year earlier. Imports from Angola tumbled 35.5% to 483,000 b/d.