China Buys Saudi Crude in Rare Tender as Imports Stay Muted

Bloomberg Markets•Thu, Aug 20, 2026, 09:43 AM•2 min read

China has bought millions of barrels of Saudi crude offered via a rare tender and under long-term contracts, although overall purchases still remain well below pre-war levels.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-20/china-buys-saudi-crude-in-rare-tender-as-imports-stay-muted)

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