Saudi Petroleum, a unit of state-owned Saudi Arabian Oil Co., has sold a fuel oil spot cargo to Cargill for loading later this month, traders said.
The 90,000-metric ton cargo of cracked 180-centistoke fuel oil, also known as A961 grade, was sold at an $8/ton discount to Singapore mean, they said.
The cargo will load May 26-28 from Ras Tanura.