Asian refiners won’t seek extra Saudi oil


At least three Asian refiners will take normal volumes from the Saudis for January-loading cargoes, according to company officials who asked not to be identified as the information is private.

HONG KONG: Buyers in the world’s biggest crude consuming region aren’t asking for extra supplies from Saudi Arabia for next month following the kingdom’s price hike and signs of weakening in the physical market.

At least three Asian refiners will take normal volumes from the Saudis for January-loading cargoes, according to company officials who asked not to be identified as the information is private.

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