Saudis open new phase in Asia oil market turf war with China spot sale

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Saudis open new phase in Asia oil market turf war with China spot sale
27 April 2016, Singapore — Saudi Arabia’s sale of a spot crude cargo to an independent Chinese refiner marks a new phase in the turf war for dominance over Asia’s oil market and sends a strong message to its rivals Russia and Iran: the fight for market share is on. State-owned Saudi Aramco, the world’s […] More »

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