26-December-2024
Corporate News
 
Saudi Arabia boosts crude oil share in Asia at Russia's expense
02-Dec-2024

Saudi Arabia clawed back market share of Asia's crude oil imports in November, while Russia surrendered some of its barrels in what may be an early sign of a shift in market dynamics. Asia's imports from Saudi Arabia, the world's biggest crude exporter, rose to 5.83 million barrels per day (bpd) in November, up from 5.28 million bpd in October, according to data compiled by LSEG Oil Research.

News Source:- https://economictimes.indiatimes.com/news/international/saudi-arabia/saudi-arabia-boosts-crude-oil-share-in-asia-at-russias-expense/articleshow/115887209.cms
 
 
 

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