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China, Saudi Arabia affirm importance of stable global oil markets

Reuters DIPLOMACY
Published December 09,2022
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China and Saudi Arabia reaffirmed the significance of stability in global oil markets and the Saudi role in that, a joint statement said on Friday, following Chinese President Xi Jinping's visit to the Gulf kingdom.

"The People's Republic of China welcomed the Kingdom's role as a supporter of the balance and stability in the world oil markets, and as reliable major exporter of crude oil to China," the statement said.