Saudi Arabia will supply the full contractual volumes to at least three customers in North Asia, sources familiar with refiners’ allocations from the world’s top crude oil exporter told Reuters on Monday. Last week, as widely expected, Saudi Arabia’s oil giant Aramco slashed the price of its flagship grade to Asia for October amid lackluster fuel demand and increased competition from crude from other regions. This was the first cut in Saudi official selling prices (OSPs) to its key export region, Asia, in four months. …
