Saudi Arabia kept its status as China’s top oil supplier in April, beating Russia for the eighth month in a row as the world’s largest oil buyer imported the lowest crude volumes since December. According to Chinese customs data on Thursday cited by Reuters , Saudi Arabia sent 1.57 million barrels per day (bpd) of oil to China last month, the lowest Saudi monthly volume since October 2020. Yet, the world’s largest oil exporter continued to be China’s top crude supplier, eking out ahead of Russia’s deliveries which averaged 1.53 million bpd in April. Chinese imports from the United States also dropped in April, but China wasn’t importing any U.S. crude in April last year, the customs data showed. The decline in shipments from key suppliers was in line with the drop in China’s overall crude oil imports in April, which were below 10 million bpd, down by 0.2 […]