Saudi Arabia will be shipping less crude to Asia in June as it prepares for stronger local demand
Saudi Arabia, the world’s top oil exporter, will reduce the number of barrels it sends to Asian markets in July by about 300 MBOPD from June levels. State-run Saudi Aramco will supply full contracted volumes to at least five Asian buyers mainly in North Asia and lower volumes to some customers in India, China and South Korea, sources told Reuters.

Aramco plans to cut supplies to India in July by nearly 200 MBOPD, while reducing supplies to Chin...

Legal Notice