LAOIL + 33 OS February 28, 2018 Trying to get a handle on gains and losses in oil market share to China ... See numbers for Jan show Russia and Angola in the top two spots. Anyone have better insight on this? 1 Quote Share this post Link to post Share on other sites
TraderTate + 186 TS February 28, 2018 That means Angola overtook the Saudis from the month prior, but not sure about a longer-term picture. Quote Share this post Link to post Share on other sites
Rodent + 1,424 February 28, 2018 This is what China's crude oil imports looked like as of 2016, by value: Russia: $16.8 billion (down -18.1%) Saudi Arabia: $15.6 billion (down -64.8%) Angola: $13.8 billion (down -58.7%) Oman: $11.1 billion (down -30%) Iraq: $10.6 billion (down -15.9%) Iran: $9.5 billion (down -46.8%) Brazil: $6 billion (up 28.8%) Kuwait: $4.8 billion (down -42.7%) Venezuela: $4.5 billion (down -56.8%) United Arab Emirates: $3.9 billion (down -48.4%) Colombia: $2.2 billion (up 3.6%) Congo: $2.1 billion (down -51%) Sudan: $1.8 billion (down -10.5%) United Kingdom: $1.7 billion (up 741.7%) Vietnam: $1.5 billion (up 130%) But now the US is changing the game. Data in Thomson Reuters Eikon shows U.S. crude shipments to China went from nothing before 2016 to a record 400,000 barrels per day (bpd) in January, worth almost $1 billion. Quote Share this post Link to post Share on other sites