Several Asia Buyers Take Less Saudi Oil as Delta Hits Demand
- At least four refiners seeking less had requests fulfilled
- Aramco raised prices even as Covid-19 cut fuel consumption
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Several Asian refiners asked for less oil from Saudi Arabia for next month as steps to rein in the delta virus variant weighed on demand.
At least four customers --- three in Northeast Asia and one in Southeast Asia -- requested smaller volumes than their contracted supplies for September, according to officials at the refineries. Saudi Aramco notified them this week that it will give them the amounts they asked for, they said. The Saudi state-owned oil company declined to comment on the matter.