Name: WTI Technical Analysis Snapshot - 2026-03-26T09:15:00+00:00
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Saudi Oil Exports to China and India Set to Fall Amid War Disruptions

PriceONN News 26 March 2026, 09:15 40

Saudi crude oil exports to its two biggest clients, India and China, are on course to decline in April because of the production disruptions in the Middle East, Bloomberg reported earlier today, citing traders. The traders said Saudi oil exports to the Chinese market were seen at some 40 million barrels, down from 48 million barrels shipped to the world’s top importer in February. Shipments to India were seen at around 23 million barrels, the Bloomberg sources said. That would be down from...

Saudi crude oil exports to its two biggest clients, India and China, are on course to decline in April because of the production disruptions in the Middle East, earlier today, citing traders.

Earlier this week, that Saudi oil giant Aramco had notified customers of term supply in Asia that they would receive in April only the flagship Arab Light grade loaded at the Yanbu export port on the Red Sea. So far in March, Saudi Aramco has exported about 4.355 million barrels per day of crude, according to Kpler data. This is way below the 7.1 million bpd in exports in February.

Clearly, the rerouting has not been enough to offset the Strait of Hormuz disruption, hence the two consecutive months of lower shipments to India and China, both of which have tapped temporarily de-sanctioned Russian barrels at sea.