Saudi Aramco offers crude outside Hormuz to some Asian refiners: Reuters

Saudi Aramco Offers Crude Outside Hormuz

Saudi Aramco is offering crude oil outside the Strait of Hormuz to some Asian refiners through private negotiations, two sources with knowledge of the matter said on Monday, in a strategy similar to that adopted by United Arab Emirates' Abu Dhabi National Oil Co (ADNOC).In a rare move…

Asian refiners demand alternative pickup points for Saudi crude amid Yemeni blockade of Red Sea ports

Recent retaliatory attacks by the Yemeni army have ravaged the kingdom’s assets, including a Saudi Aramco facility and other sites

Saudi Aramco offers crude oil outside Hormuz to some Asian refiners

In a rare ​move, Aramco is in ​talks with buyers to supply Arab Medium and Arab Heavy crude ​via ship-to-ship (STS) transfers off Fujairah in the UAE, the sources said.

Saudi Aramco offers crude outside Hormuz to some Asian refiners, sources say

Saudi Aramco is offering crude oil outside the Strait ​of Hormuz to some Asian refiners through private negotiations, two ‌sources with knowledge of the matter said on Monday, in a strategy similar to that adopted by United Arab Emirates' Abu Dhabi National Oil Co (ADNOC).

Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea

Yanbu has become increasingly important to Saudi Arabia as it seeks to maintain crude shipments after the war disrupted traffic through the Strait of Hormuz and severely restricted supplies from the Persian Gulf.