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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Saudi Arabia cuts oil exports to China and Japan

    Rocky
    Rocky
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    Posts : 282041
    Join date : 2012-12-21

    Saudi Arabia cuts oil exports to China and Japan Empty Saudi Arabia cuts oil exports to China and Japan

    Post by Rocky Wed 11 Oct 2017, 4:49 am

    Saudi Arabia cuts oil exports to China and Japan

    11:22 - 11/10/2017


    Saudi Arabia cuts oil exports to China and Japan %D9%86%D9%81%D8%B7-696x435
    Information / Baghdad ..
    Saudi Arabia, the world's biggest oil exporter, has cut crude supplies to its biggest oil buyers in Asia in November as the kingdom looks to meet its commitment to an OPEC-led deal to cut supplies, informed sources said on Wednesday.
    Commercial sources said state-owned Saudi Aramco had cut its supplies to at least three Japanese buyers and a buyer in South Korea of ​​up to 10 percent of Saudi Arabia's various raw materials.
    Some buyers in China will receive less Saudi crude, she said. The sources asked not to be named because they were not authorized to speak to the media.
    At least one buyer from North Asia asked for less oil after Saudi Arabia raised its benchmark light crude for November to a 16-month high, a source said.
    The kingdom has cut exports to Japan, its biggest customer in Asia for the second month, but Japan's imports of Saudi oil rose in the first nine months of 2017 by 15 percent from the same period a year ago, according to Thomson Reuters data.
    China's imports of Saudi oil rose 1 percent during the period to 39.1 million tonnes from a year earlier.
    A number of customers in Taiwan, South Korea, Thailand and at least one buyer in Japan will receive all the contracted quantities as Saudi Arabia aspires to maintain its market share in the world's fastest-growing region in terms of oil demand, the sources said. Ending / 25



    http://www.almaalomah.com/2017/10/11/243964/

      Current date/time is Thu 12 Dec 2024, 2:09 am