China boosts oil purchases from Middle East as Saudi slashes prices on exports to Asia


Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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China has raised its purchases of oil from the Middle East in recent days, with deep discounts offered by its main supplier Saudi Arabia expected to further boost its buying, the Financial Times reported Monday.

China bought at least 26M



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