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According to Reuters New York, July 11, a Saudi refinery exported RBOB gasoline to the United States for the first time, which may be a precursor for Saudi refiners to export more RBOB gasoline to the United States, because the current US gasoline price hit a seasonal three-year high
.
The 400,000 b/d Jubail Satorp refinery, a joint venture between Saudi Aramco and Total, said it had exported its first RBOB gasoline
to the United States.
According to Robert Campbell, head of petroleum product research at New York-based Energy Aspects, the shipment was unusual and Satorp, which was established in 2008, was not expected to export RBOB gasoline to the U.
S.
because Saudi gasoline demand remained strong
.
According to Reuters New York, July 11, a Saudi refinery exported RBOB gasoline to the United States for the first time, which may be a precursor for Saudi refiners to export more RBOB gasoline to the United States, because the current US gasoline price hit a seasonal three-year high
.
The 400,000 b/d Jubail Satorp refinery, a joint venture between Saudi Aramco and Total, said it had exported its first RBOB gasoline
to the United States.
According to Robert Campbell, head of petroleum product research at New York-based Energy Aspects, the shipment was unusual and Satorp, which was established in 2008, was not expected to export RBOB gasoline to the U.
S.
because Saudi gasoline demand remained strong
.