Saudi Arabia Is Ceding Oil Market Share To Support Prices ...
Sep 29, 2017· Saudi Arabia Is Ceding Oil Market Share To Support Prices And That''s Good For U.S. Oil Plays. In the first half of 2017, Saudi dropped to third among China''s oil suppliers, falling behind Russia and even Angola. Similarly, Indian imports of Saudi crude fell 8.4% in the first half, and Saudi has now fallen behind Iraq in oil exports to that market.