Saudi Aramco's crude sales to China is set to half next month to around 20mln barrels, Bloomberg reports citing sources

The report indicating that Saudi Aramco's crude sales to China will halve next month to approximately 20 million barrels signals a significant drop in demand from one of the world's largest importers.

Newsquawk StaffPublished 13 Apr 2026, 06:14 UTCOn the live feed at 05:54 UTC — 1 more headline followed before this page went public

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06:19

US and Iranian delegations have reportedly agreed to hold another round of talks after their recent meeting, with the time and venue to be decided later, Pakistani press reports

06:14

BoJ Governor Ueda says Japan's economy is recovering moderately but with some weakness; says the economy and prices are moving roughly in line with BoJ forecasts; underlying inflation is gradually accelerating towards the BoJ's target

05:54

Saudi Aramco's crude sales to China is set to half next month to around 20mln barrels, Bloomberg reports citing sources

05:49

Newsquawk Daily European Equity Opening News - 13th April 2026

05:33

Tasnim Agency reports, citing sources, US President Trump will lose the Bab al-Mandab Strait should he decide to take action against the Strait of Hormuz

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Context

This reduction could impact global oil prices and may suggest a shift in supply dynamics, possibly affecting WTI and Brent benchmarks. Traders should monitor the subsequent market reactions, as this could influence not just oil prices but also related currency movements and broader commodity trends.

Energy · last 90 days

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