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ReportedShipping, energy & marketsRas Tanura, Saudi Arabia, and Sohar, Oman

Aramco sells 60 million barrels via Oman ship-to-ship transfers, cuts some European supply

Mountain Time
Local time
1:30 PM in Riyadh
Where
Ras Tanura, Saudi Arabia, and Sohar, Oman

Saudi Aramco has sold about 60 million barrels from Ras Tanura for loading by ship-to-ship transfer off Oman's Sohar this month and next, mainly to Chinese and South Korean refiners, Reuters reported, while Bloomberg said Aramco told at least two European refiners they would receive no crude next month.

Why it matters

Riyadh is shifting exports back through the Gulf under US escort while the pipeline to Yanbu is down, leaving Europe short.

Sources (2)

Confidence: Published by a named news organization. Not yet independently confirmed. About confidence labels