CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Saudi Allocate Requested Crude to EU in Dec as One Refiner Reduces Volume

OIL

One major European refiner requested a smaller than normal contractual volume of crude from Saudi Aramco for December delivery according to Bloomberg sources.

  • Two other refiners requested full amounts and all three refiners were allocated the requested volumes.
  • Earlier this week Saudi Aramco lowered prices for Northwest European and Mediterranean customers but maintained its OSP for Arab Light to Asian customers for December delivery, halting a five-month price hike cycle.
  • As reported yesterday, Saudi Aramco notified at least four North Asian buyers that it will supply full contractual crude volumes to them in December. Nominated volumes are down to around 46mbbls from 47mbbls for November.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.