Saudi Arabia: Big decline in crude oil supply to China, affected by changes in shipping and demand.

There has been a big decline in crude oil exports from Saudi Arabia to China in July 2026. Contrary to market talk, official data shows Saudi crude deliveries are at one of their lowest levels ever this month. Saudi Arabia’s government oil company Saudi Aramco China for the month of July 12 million barrels It was planned to send oil, which was approximately 387,000 barrels Sits.

Main reasons for decline

There are many reasons behind this shortage. High prices of Saudi oil and low demand from Chinese refineries are considered to be the major reasons for this. Also, China is now giving more priority to cheap crude from Russia. Sugar Refinery Company Sinopec has not made any purchases from Saudi for the second consecutive month and Rongsheng Petrochemical Co. have also reduced their orders considerably.

Geopolitical tensions and challenges in shipping

Regional tensions have also affected shipping routes. Due to the US-Iran dispute and threats from Houthi rebels, it has become difficult to deliver oil through the Red Sea. Saudi Arabia has been forced to export some of its oil due to security threats in the Bab al-Mandeb Strait. yanbu Have to send through port. However, on 26 July New Explorer And New Pearl Two big ships named 2-2 million barrels Successfully crossed the Bab el-Mandeb carrying crude oil, but its impact on overall traffic remains.