Saudi Arabia’s Aramco has considered the possibility of shipping U.S. crude via its Motiva unit to Asia, a source in the know has told Bloomberg. The company decided that for the time being, the option is economically unviable, but could reconsider its viability in the future. Two sources from Asian refiners said that Aramco had talked with them about their interest in U.S. crude shipments, indicating the Saudi oil company was considering ways of getting in on the shale oil boom that is increasingly being referred to as a second shale revolution. Aramco’s Motiva operates the biggest oil refinery in the United States, in Port Arthur, with a capacity of over 600,000 bpd. It is through this business that it would ship U.S. crude should it decide to do so. Yet earlier this week, Bloomberg notes, West Texas Intermediate rose above the Dubai benchmark for the first time in […]