Bloomberg | Russia Pips Saudi Arabia in Race to Grab China Oil Market Share Bloomberg Russia surpassed Saudi Arabia to become China's top crude supplier as the fight for market share in the world's second-largest oil consumer intensifies. China imported a record 3.92 million metric tons from its northern neighbor in May, according to ... The New Big Oil Is State-Owned Crude Oil's Pessimistic Picture: Saudi Arabia, Russia, and the US Russia eclipses Saudi Arabia in fight for oil market share in China |