Saudi Arabian Oil Co., or Saudi Aramco, has offered its European term lifters their full quota of supply in August, unchanged from July, buyers of Saudi crude in Europe told Dow Jones Newswires Tuesday.
Saudi Arabian Oil Co., or Saudi Aramco, has offered its European term
lifters their full quota of supply in August, unchanged from July, buyers of
Saudi crude in
Europe
told Dow Jones Newswires
Tuesday.
Three European refiners contacted by Dow Jones confirmed they were set to
receive the full volumes requested next month, in line with
Saudi
Arabia
's commitment to keep the
region supplied following the full implementation of the European Union's
embargo on Iranian oil at the beginning of July.
However, none of the refiners contacted indicated that they had upped their
quota as a result of the Iranian ban.
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