Saudi Arabia cuts oil flows to China while meeting other requests

Saudi Arabia will provide some Chinese buyers with less crude than they asked for next month, while fulfilling requests from many other customers in Asia after OPEC+ pledged to speed up production hikes.

Japan, South Korea, Thailand and India will get the oil volumes they had sought, with some even getting extra supplies, according to refinery officials who asked not to be identified as the information is private. State-run marketer Saudi Aramco typically doesn’t provide buyers with a reason why volumes are cut.

Aramco didn’t immediately reply to an email seeking comment on the matter.

Many Asian buyers asked Aramco for more oil