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Saudi Aramco is planning to ship around 20 million barrels of oil to its Chinese customers for May.
Saudi Aramco plans to ship only 20 million barrels of oil to China in May.
KEY POINTS
- This May shipment is half the volume scheduled for loading in April.
- The reduction is linked to Middle East conflict disrupting supply routes and raising prices.
- Reuters has not independently verified Bloomberg's report on the shipment decrease.
COMPANIES
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