
Saudi Arabia Resumes Oil Loadings from Strait of Hormuz
Saudi Arabia has recommenced oil loadings and sales from within the Strait of Hormuz, a move that could help alleviate tight supplies of heavier crude grades.
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Saudi Arabia resumes oil loadings, sales from inside Strait of Hormuz
Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers spot heavy crude cargoes, according to shipping data and trade sources. On Monday, the world’s top oil exporter offered some Asian refiners Arab Medium and Arab Heavy crude cargoes […]
Read full article →Saudi Arabia resumes oil loadings, sales from inside Strait of Hormuz
Resumption of Saudi exports could help ease the tight supply of heavier grades that produce more residue fuel
By Reuters
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