According to an energy analytics report published by Vortexa on October 20, 2026, Gulf crude producers, led by Saudi Arabia and Iraq, are securing expanded market share in China.
The report projected that non-Iranian Middle Eastern crude arrivals into China will reach approximately 4.5 million barrels per day in October 2026. Monthly crude deliveries from Saudi Arabia are estimated to exceed 2 million barrels per day, marking an increase from the 2025 average of 1.6 million barrels per day.
Vortexa stated that Chinese state-owned refiners Sinopec and PetroChina are acquiring approximately 75 percent of these Saudi crude volumes. In addition, Iraqi crude shipments to China are tracking at roughly 1.1 million barrels per day, supplying teapot refiners located in Shandong.
Sources
- Vortexa · 2026-10-20



