SAUDI'S OIL FOR CHINA UP 28.5%
PLATTS - China's crude oil imports from Saudi Arabia surged 28.5% year on year to 1.56 million b/d in February, surpassing Russia to become the top crude supplier in the month, latest data from the General Administration of Customs showed.
Meanwhile, crude shipments from both Venezuela and Iran saw year-on-year increases in February, rising 98.1% and 7.4%, respectively. The healthy inflows helped them to lock their top spots among the leading OPEC suppliers.
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