Aramco Says It Will Retake Top Spot as China Supplier

Saudi Aramco, the world’s largest oil company by output, will retake the top spot as China’s largest crude supplier, Ibrahim Mishari, the company’s vice president for marketing and supply said in Singapore today.

State-owned Saudi Aramco, which markets the kingdom’s oil, fell behind Angola as China’s biggest supplier this year. Saudi Arabia’s closer to China than Angola and the shorter distance in shipping will help the company to boost sales to the region, Mishari said.

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