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Heavy rainfall in China – 433 rivers have flooded

China’s ministry of water resources (via Global Times)

  • 433 rivers have flooded in China
  • 33 rivers have recorded their highest level in history
Further (Reuters):
  • China raised its flood response alert on Sunday to the second highest level
  • heavy rain in regions along the Yangtze River
  • eastern provinces of Jiangsu and Jiangxi among the worst hit

Saudi Aramco has reduced the volume of crude it will supply to Asia

Reuters report citing four unnamed sources that the world’s largest oil exporter has cut August heavy crude supply for some Asian refiners

  • at least four buyers in Asia
  • cuts were mainly for Arab Heavy crude
No further details in the Reuters report.
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