Saudi Arabia To Ship Full Volumes To Asian Oil Buyers ...Middle East

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Saudi Arabia will export full crude oil volumes to at least four Asian clients next month, Reuters has reported, citing unnamed sources familiar with the situation. Saudi Aramco and its Asian buyers use standard contracts, under which either side can trim or boost orders by a margin of 10 percent above or below the originally stipulated amounts depending on demand and supply. Earlier this year, Aramco angered the Indian government after it said it will raise prices for crude oil shipments for Asian buyers as it continued to keep a heavy cap on…

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