Asian refiners receive full Saudi crude oil allocations for July

14 Jun 2017   Saudi Arabia

Saudi Aramco’s major buyers in Asia are receiving full allocations for Saudi crude oil loading in July, with some Japanese refiners even getting higher volumes, according to market sources. Traders at several key Asian end-users said their July nominations were met and they were not aware of cuts to any refiners in the region. At least two traders with two Japanese refiners said they had received incremental volumes, with one even getting “slightly more Arab Extra Light.” A Singapore-based crude trader with a North Asian refiner said that there were some adjustments to the allocation but “overall, the volume was the same.” Article continues below… Platts Fujairah Oil Inventory Storage Data S&P Global Platts is exclusively publishing weekly oil inventory data for the Fujairah Oil Industry Zone, including an aggregate breakdown of heavy distillates and residues, middle distillates, and light distillates. The data is now freely available to access […]

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