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China’s Aramco orders taper off as Russia competes for oil sales

The global oil market may be reordering after the U.S. and European Union increased pressure against India over its imports of Russian crude

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Saudi Aramco's Chinese-built Mazan oil and gas platform

While China remains Saudi Aramco’s biggest customer by far, its monthly oil purchases are trending downward as more Russian crude hits the market.Energy Aspects, a London consulting firm that tracks the industry, said in an Aug. 11 note that...