Saudi Aramco to Supply Asia Full February Oil Volumes
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Saudi Arabian Oil Co., the world’s largest state-owned oil company, will supply full contractual volumes of crude to China and South Korea for loading in February, according to refinery officials in the region.
Saudi Aramco, as the company is known, will provide 100 percent of cargoes sold under long-term contracts for a 15th month, according to the officials from China and South Korea, who requested anonymity, citing confidentiality agreements with the Middle East producer.