Saudi Arabia Slashes Asian Oil Exports By 2 Million Bpd

Saudi Arabia Slashes Asian Oil Exports By 2 Million Bpd

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Saudi Arabia’s oil giant Aramco will be sending 4 million barrels per day (bpd) of its crude to Asia in May, down from the full contractual volumes of 6 million bpd, a Saudi source with knowledge of Aramco’s plans told Reuters on Friday.   “The full contractual volumes to Asia are about 6 million bpd. What Aramco has allocated is what was nominated, which is around 4 million bpd,” the Saudi source told Reuters. Earlier on Friday, other sources in Saudi Arabia had told Reuters that Saudi Aramco…

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