Oil Saudi
Oil and Gas Marketplace: middle east, arab gulf, Africa Oil and Gas

Oil: News for Oil & Gas and Hydrocarbon Industries 

Products and vendors Services and providers Information Technology
  Home  |  Business Center  |  Career Center  |  News   |  Events   |  My Account

Saudi Arabia to Supply Full Jan Crude Volumes to Several Asian Buyers
Source: Reuters 12/11/2017, Location: Middle East
Oil

Saudi Arabia, the world’s top oil exporter, will supply full contractual volumes of crude to five North Asian refiners in January, unchanged from the previous month, five sources with direct knowledge of the matter said.

Steady supply of Saudi oil to Asia will help meet robust demand in the region, with flows from places such as Europe and the United States slowing.

State oil company Saudi Aramco last week raised prices for all crude oil grades to Asia in January, in line with strong demand. The premium for flagship Arab Light crude was at its highest since September, 2014, Reuters data showed.

The OPEC producer supplied full contractual volumes of crude to at least three North Asian refiners for December loading. But it trimmed supplies to at least three Japanese buyers and one in South Korea by up to 10 percent across different Saudi crude grades for November loading as maintenance at oilfields reduced output.

At least one North Asian refiner had not received its monthly allocation yet, a source familiar with the matter said, but added that Saudi Arabia was seen as willing to meet buyer demands.

All sources declined to be identified as they were not authorised to speak with media.


Saudi Arabia Oil & Gas 1 >> Saudi Arabia Oil & Gas 2 >> Saudi Arabia Oil & Gas 3 >> Saudi Arabia Oil & Gas 4 >> Saudi Arabia Oil & Gas 5 >> Saudi Arabia Oil & Gas 6 >> Saudi Arabia Oil & Gas 7 >> Saudi Arabia Oil & Gas 8 >> Saudi Arabia Oil & Gas 9 >> Saudi Arabia Oil & Gas 10 >> Saudi Arabia Oil & Gas 11 >> Saudi Arabia Oil & Gas 12 >> Saudi Arabia Oil & Gas 13 >> Saudi Arabia Oil & Gas 14 >> Saudi Arabia Oil & Gas 15 >> Saudi Arabia Oil & Gas 16 >> Saudi Arabia Oil & Gas 17 >>

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 



Kuwait Looking into Importing Iraqi Natural Gas
Kuwait Replaces Oil and Finance Ministers
Hurricane Provides Operational Update on Lancaster Early Production System ('EPS')
Petrofac Hires Bain & Co to Explore Options for North Sea Business

Oil Saudi E-Marketplace - Subscription Packages - Benefits

Copyright © Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Contact Us