Brazil overtakes Saudi Arabia as China's second-largest oil supplier

Brazil sold more crude oil to China than Saudi Arabia did between January and September 2026, becoming Beijing's second-largest supplier after Russia. Chinese customs data released on October 20 show imports of 44.29 million tonnes of Brazilian crude over the period, against 43.12 million tonnes from the Saudis. Brazil also beat Riyadh in September alone, shipping about 1.25 million barrels per day to China, close to double the Saudi figure of 660,000…