I can't find evidence of China buying oil from Saudi Arabia buy there may be more than one way to skin acat
when it comes to mega international trade settlements
https://en.wikipedia.org/wiki/Petroyuan
The Shanghai Oil Futures market conducts trillion of oil futures contracts in the Yuan
IMO China's investment in African oil is significant and no doubt all transactions will
be in the Petroyuan:
From memory Sinopec owns 45% of one of Nigeria's major producers.
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