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Saudi Aramco supplies full crude oil to multiple Asian buyers

 Last Update: 2021-12-31
 Source: Internet
 Author: User

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According to foreign news on December 10, two people familiar with the situation said on Friday that Saudi Aramco has notified at least two North Asian buyers that it will supply crude oil in full in January
.

One of them said that most buyers were allocated the full supply
.

Prior to this, Saudi Arabia raised the official price of all crude oil grades sold in major Asian markets for the second consecutive month, following the strong rise in the Middle East spot market last month
.

Saudi Aramco announced price increases earlier this month, despite the OPEC group composed of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, decided to continue to increase production by 400,000 barrels per day in January next year
.

January is the fourth consecutive month that Saudi Aramco will provide the full amount of crude oil
.

The producer maintained a full supply of crude oil in December
.

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