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Markets

Saudi to supply full Nov crude to one Asia buyer

Published Updated

oilTOKYO: Saudi Arabia, the world's top crude exporter, will supply full contracted volumes of crude oil to at least one Asian term buyer in November, unchanged from October, an industry source familiar with the matter said on Thursday.

 

The move was expected as the OPEC kingpin has supplied full contractual volumes to most Asian buyers since late 2009.

 

"The supplies came to the same amount as is contracted," the source said, adding that Saudi Arabia made no changes to the buyer's requested quantities of each crude grade.

 

Copyright Reuters, 2012

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