• About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, October 5, 2023
Earth-News
  • Home
  • Business
  • Entertainment
    Tamar Braxton Says She Was Dumped The “Same Hour” Her Car Was Vandalized

    Tamar Braxton Says She Was Dumped The “Same Hour” Her Car Was Vandalized

    Taraji P. Henson Calls Usher “A Female Magnet” After Getting “Caught Up” Twice At His Shows

    Taraji P. Henson Calls Usher “A Female Magnet” After Getting “Caught Up” Twice At His Shows

    Post Malone Almost Lost $600K Diamond Because Of McDonalds McNuggets

    Post Malone Almost Lost $600K Diamond Because Of McDonalds McNuggets

    A$AP Rocky Celebrates 34th Birthday In Style With Rihanna In NYC

    A$AP Rocky Celebrates 34th Birthday In Style With Rihanna In NYC

    Joshua Jackson Reportedly “Heartbroken” Over Jodie Turner-Smith Divorce Filing

    Joshua Jackson Reportedly “Heartbroken” Over Jodie Turner-Smith Divorce Filing

    Blac Chyna Sets The Record Straight On Recent Belongings Sale Amid Tyga Custody Battle

    Blac Chyna Sets The Record Straight On Recent Belongings Sale Amid Tyga Custody Battle

  • General
  • Health
  • News
    Review: Matthew McConaughey releases his new children’s book ‘Just Because’

    Review: Matthew McConaughey releases his new children’s book ‘Just Because’

    French rapper MHD appeals murder jail term

    French rapper MHD appeals murder jail term

    Catching up with Erik Fellows: Actor, producer, and model

    Catching up with Erik Fellows: Actor, producer, and model

    Shine a light: Bursts of star formation reveal a mysterious brightness

    Shine a light: Bursts of star formation reveal a mysterious brightness

    Nextiva: pioneering business communication with top-tier software in the US

    Nextiva: pioneering business communication with top-tier software in the US

    Over 2,300 armed forces personnel from FDPA countries participate in joint exercise

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Tech
    Best early October Prime Day deals on SSD & storage

    Best early October Prime Day deals on SSD & storage

    Adobe teases a crazy AI photo editor named after the Death Star

    Adobe teases a crazy AI photo editor named after the Death Star

    October Prime Day 2023: Amazon’s ‘Prime Big Deal Days’ is near

    October Prime Day 2023: Amazon’s ‘Prime Big Deal Days’ is near

    vivo X100 Pro rumored to bring satellite connectivity

    vivo X100 Pro rumored to bring satellite connectivity

    Best Buy sells the Pixel 8 Pro with a free Pixel Watch 2, Pixel 8 gets the Pixel Buds Pro instead

    Best Buy sells the Pixel 8 Pro with a free Pixel Watch 2, Pixel 8 gets the Pixel Buds Pro instead

    iPhone 15 Pro review: Coming from iPhone 12 Pro or earlier? This upgrade will wow you

    iPhone 15 Pro review: Coming from iPhone 12 Pro or earlier? This upgrade will wow you

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Tamar Braxton Says She Was Dumped The “Same Hour” Her Car Was Vandalized

    Tamar Braxton Says She Was Dumped The “Same Hour” Her Car Was Vandalized

    Taraji P. Henson Calls Usher “A Female Magnet” After Getting “Caught Up” Twice At His Shows

    Taraji P. Henson Calls Usher “A Female Magnet” After Getting “Caught Up” Twice At His Shows

    Post Malone Almost Lost $600K Diamond Because Of McDonalds McNuggets

    Post Malone Almost Lost $600K Diamond Because Of McDonalds McNuggets

    A$AP Rocky Celebrates 34th Birthday In Style With Rihanna In NYC

    A$AP Rocky Celebrates 34th Birthday In Style With Rihanna In NYC

    Joshua Jackson Reportedly “Heartbroken” Over Jodie Turner-Smith Divorce Filing

    Joshua Jackson Reportedly “Heartbroken” Over Jodie Turner-Smith Divorce Filing

    Blac Chyna Sets The Record Straight On Recent Belongings Sale Amid Tyga Custody Battle

    Blac Chyna Sets The Record Straight On Recent Belongings Sale Amid Tyga Custody Battle

  • General
  • Health
  • News
    Review: Matthew McConaughey releases his new children’s book ‘Just Because’

    Review: Matthew McConaughey releases his new children’s book ‘Just Because’

    French rapper MHD appeals murder jail term

    French rapper MHD appeals murder jail term

    Catching up with Erik Fellows: Actor, producer, and model

    Catching up with Erik Fellows: Actor, producer, and model

    Shine a light: Bursts of star formation reveal a mysterious brightness

    Shine a light: Bursts of star formation reveal a mysterious brightness

    Nextiva: pioneering business communication with top-tier software in the US

    Nextiva: pioneering business communication with top-tier software in the US

    Over 2,300 armed forces personnel from FDPA countries participate in joint exercise

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Tech
    Best early October Prime Day deals on SSD & storage

    Best early October Prime Day deals on SSD & storage

    Adobe teases a crazy AI photo editor named after the Death Star

    Adobe teases a crazy AI photo editor named after the Death Star

    October Prime Day 2023: Amazon’s ‘Prime Big Deal Days’ is near

    October Prime Day 2023: Amazon’s ‘Prime Big Deal Days’ is near

    vivo X100 Pro rumored to bring satellite connectivity

    vivo X100 Pro rumored to bring satellite connectivity

    Best Buy sells the Pixel 8 Pro with a free Pixel Watch 2, Pixel 8 gets the Pixel Buds Pro instead

    Best Buy sells the Pixel 8 Pro with a free Pixel Watch 2, Pixel 8 gets the Pixel Buds Pro instead

    iPhone 15 Pro review: Coming from iPhone 12 Pro or earlier? This upgrade will wow you

    iPhone 15 Pro review: Coming from iPhone 12 Pro or earlier? This upgrade will wow you

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

China’s Imports Of Saudi Oil Set To Soar Despite Production Cuts

August 11, 2023
in News
China’s Imports Of Saudi Oil Set To Soar Despite Production Cuts
Share on FacebookShare on Twitter

China is set to import 40% more crude from Saudi Arabia under term contracts in September despite the unilateral production cut of 1 million barrels per day (bpd) of the world’s top crude oil exporter, traders told Bloomberg on Friday.  

Chinese refiners are estimated to receive as much as 52 million barrels of crude oil cargoes next month, compared to about 37 million barrels set to arrive in August, the traders participating in the market told Bloomberg. The significant increase will come from the start of a new supply contract between Saudi oil giant Aramco and Chinese refiner Rongsheng Petrochemical Co.

Under an agreement signed by Aramco and Rongsheng Petrochemical last month, the Saudi firm successfully closed the transaction to buy a 10% stake in the Chinese refiner for $3.4 billion (24.6 billion Chinese yuan). The deal includes the supply of 480,000 bpd of Arabian crude to the largest Chinese integrated refining and chemicals complex, which is owned by Rongsheng affiliate Zhejiang Petroleum and Chemical Co. Ltd (ZPC).

Last week, Saudi Arabia said it would extend its unilateral voluntary cut of 1 million bpd from July and August into September, adding that the cut could be extended or extended and deepened.

The Kingdom’s production for the month of September 2023 will be around 9 million bpd, as it is in July and August.

Despite the cut, Saudi Arabia is expected to supply full crude oil volumes in September under contracts with Asian buyers.

Saudi Aramco raised the official selling price (OSP) for its Arab Light crude oil grade to Asia by $0.30 per barrel for the month of September, to $3.50 above the Oman/Dubai average, the company said earlier this month. Aramco also raised the price of its Arab Light crude to Europe by $2 per barrel, but it left its crude to the United States the same at +$7.25 versus ASCI for the month of September, it said.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:

India Scoops Up Cheapest Russian Oil Since Start Of Ukraine WarUK Carbon Prices Tumble, Casting Shadows On Decarbonization EffortsIraq Unwilling To Resume Crude Exports From Kurdistan To Turkey

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : OilPrice – https://oilprice.com/Latest-Energy-News/World-News/Chinas-Imports-Of-Saudi-Oil-Set-To-Soar-Despite-Production-Cuts.html

Tags: China’sImportsnews
Previous Post

Workers Cleared To Vote On Strike At Australia LNG Plants

Next Post

IEA: Global Oil Demand Hits Record High

Review: Matthew McConaughey releases his new children’s book ‘Just Because’

Review: Matthew McConaughey releases his new children’s book ‘Just Because’

October 4, 2023
French rapper MHD appeals murder jail term

French rapper MHD appeals murder jail term

October 4, 2023
Catching up with Erik Fellows: Actor, producer, and model

Catching up with Erik Fellows: Actor, producer, and model

October 4, 2023
Shine a light: Bursts of star formation reveal a mysterious brightness

Shine a light: Bursts of star formation reveal a mysterious brightness

October 4, 2023
Nextiva: pioneering business communication with top-tier software in the US

Nextiva: pioneering business communication with top-tier software in the US

October 4, 2023

Over 2,300 armed forces personnel from FDPA countries participate in joint exercise

October 4, 2023

Experts: Pas downplaying corruption allegations

October 4, 2023

#Showbiz: Family Duo to kick off mid-Oct

October 4, 2023
This Popular Air Fryer Is Being Recalled—Here’s What We Know

This Popular Air Fryer Is Being Recalled—Here’s What We Know

October 4, 2023
We Made Faith Hill’s Coca-Cola Cake and We Will Sing Its Praises

We Made Faith Hill’s Coca-Cola Cake and We Will Sing Its Praises

October 4, 2023
Partenaires
afric.info
europ.info
usa-news
lesmeilleureschaussures.fr
goodsforyoutoday.com
looktopbeauty.com
keto-diet.biz
soccernews.info
nba-news.net
sportsprblog.com compar.biz
the-best.top
bestchoices.biz
expert-plus.fr
travel-mag.info
pksportsnews.com
news-sports.org

Categories

Archives

October 2023
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (3,897)
  • Entertainment (4,005)
  • General (2,975)
  • Health (1,909)
  • News (4,512)
  • Science (3,082)
  • Sports (4,154)
  • Tech (3,032)

Recent News

Review: Matthew McConaughey releases his new children’s book ‘Just Because’

Review: Matthew McConaughey releases his new children’s book ‘Just Because’

October 4, 2023
French rapper MHD appeals murder jail term

French rapper MHD appeals murder jail term

October 4, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version

China’s Imports Of Saudi Oil Set To Soar Despite Production Cuts- https://www.maquillages.info/   https://maquillages.org   https://www.deguisements-fetes.fr   https://maillots-de-bain-shop.com   https://www.le-noeud-papillon.com   https://www.jeepeg.fr   https://maillotde-bain.com   https://pushkarvisit.com   -/- According to Luke Fickell, Wisconsin is ‘all-in’ on NIL   Barbie film hits $1bn mark at global box office   Zhuhai Championships: Andy Murray loses to Aslan Karatsev in last 16   Breece Hall named Jets’ offensive X-factor for 2023   Soundking AK20 BA Amplificateur pour Basse   -*-$$DAKINE Split Roller Mallette ordinateur à roulettes, 21 cm, 110 L, Carbon   Veuve Clicquot – Coffret Retraite V.Clicquot Rose   Enceinte Mobile 700W Sono Active DJ KARAOKE 12″ Autonome Batterie à LED RVB + Micro VHF USB/SD/Bluetooth – LedWood Boostar1400   Volkswagen: IT-Störung bei Volkswagen behoben   Newcastle adds BetMGM UK to its bookmaker alliances   $$* Amalia   El Rancho Place d’Italie, Centre commercial Italie 2, place d’Italie 75013 Paris   China’s Imports Of Saudi Oil Set To Soar Despite Production Cuts *China’s Imports Of Saudi Oil Set To Soar Despite Production Cuts