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China’s plans affect the future of oil

By James Drummond
Although China has its own oil industry it remains Saudi Arabia's top importer Alamy via Reuters
Although China has its own oil industry it remains Saudi Arabia's top importer

Aramco is betting on China to boost a well-supplied crude market and – here’s hoping in Riyadh – enable Saudi Arabia to unwind production cuts.

Amin Nasser, the Saudi state oil giant’s CEO, said last week that he expects demand from China to...

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