Saudi Aramco Committed to Oil Exports to U.S., Al-Falih Says
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Saudi Arabian Oil Co., the world’s largest oil exporter, is “committed” to exports to the U.S. market, Khalid Al-Falih, the company’s chief executive officer, said today at the IHS CERAWeek conference in Houston.
Saudi Aramco, as the company is known, will supply crude to the U.S. market because many of the refineries on the Gulf Coast are set up to process the kingdom’s sour crudes, Al-Falih said in the speech.