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Saudi Arabia offers more oil in Asia

 Last Update: 2022-11-26
 Source: Internet
 Author: User

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According to foreign media news, there is growing evidence that Saudi Arabia is heeding US President Donald Trump's call for OPEC to keep the oil market well supplied and control prices
.

Because OPEC's de facto leader plans to record production after the repression of the deal with allies, the Middle Eastern kingdom is offering additional crude oil volumes in addition to supply contracts to Asian buyers
, according to people familiar with the matter.

Saudi Aramco will dump its additional cargoes of Arab Light crude to at least two buyers in Asia in August
, according to people familiar with the matter.
That's more than the number of monthly contracts contracted by state-run producer Saudi Aramco
.
The company's press office declined to comment
.

According to foreign media news, there is growing evidence that Saudi Arabia is heeding US President Donald Trump's call for OPEC to keep the oil market well supplied and control prices
.

petroleum

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