Chinese President Xi Jinping told Gulf Arab leaders last December that China would work to buy oil and gas in yuan, but it has not yet used the currency for Saudi oil purchases, traders have said.

Source: https://indianexpress.com/article/world/china-saudi-arabia-sign-currency-swap-agreement-9034841/

One of those that had previously contained Saudi oil is empty, the source said.

Source: https://www.marketscreener.com/quote/commodity/BRENT-OIL-4948/news/India-plans-to-fill-Mangalore-SPR-with-5-5-mln-barrels-of-oil-after-Oct-source-43891042/?utm_medium=RSS&utm_content=20230518

“Without “maintain potential” drilling to make up for production, Saudi oil fields would have a natural decline rate of a hypothetical 8%.”

Source: https://seekingalpha.com/article/4657840-august-non-opec-and-world-oil-production?source=feed_all_articles