China overtakes US as biggest Aramco customer

DAVOS, Switzerland: Saudi Arabian Oil Co, the world's biggest crude producer, is exporting about 1 million barrels a day to China, more than to the US, Chief Executive Officer Khalid al-Falih said.

"We are already exporting more to China than to the US," he said in an interview in Davos, Switzerland.

"We are prudent and careful about where to invest but our eyes are focused on China and we will continue to look for all opportunities," he said.