State-owned Saudi Aramco will sell full contractual crude supplies to three North Asian refiners in December, Reuters reported on Thursday, citing unnamed sources with knowledge of the matter.
It was not clear, however, whether the oil giant would maintain supplies to other companies in the region as some buyers have not yet received allocations for the month, trade sources said.
Last week, the world’s top oil exporter hiked December official crude prices to Asia to multi-year highs on strong demand from the region.
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