Saudi Arabia to Supply Full Oil Volumes to North Asian Clients ...Middle East

Saudi Arabia will supply full contracted volumes to several North Asian clients next month despite extended cuts, Reuters has reported, citing unnamed sources. The report follows news that Aramco would cut the price of its flagship Arab Light crude for Asian buyers but by only half of what was expected as a price cut. This, Reuters reported, led some refiners from China to ask for lower volumes for loading in January. Not all oil importers from Saudi Arabia can afford to do that, however, per one source with a Japanese refiner. "I believe many…

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