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Saudi Aramco To Meet Contractual Oil Obligation with Asia

OIL

Saudi Aramco told at least four refinery customers in North Asia they will receive full contract volumes of crude oil in December according to Reuters sources.

  • Saudi Aramco is maintaining steady supply, despite the OPEC+ target to lower output in November and December.
  • Saudi Arabia's Energy Minister Abdulaziz bin Salman said when the cuts were announced in October that the actual supply cut would be about 1-1.1mbpd.
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Saudi Aramco told at least four refinery customers in North Asia they will receive full contract volumes of crude oil in December according to Reuters sources.

  • Saudi Aramco is maintaining steady supply, despite the OPEC+ target to lower output in November and December.
  • Saudi Arabia's Energy Minister Abdulaziz bin Salman said when the cuts were announced in October that the actual supply cut would be about 1-1.1mbpd.