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Markets

Saudi to keep April oil supply unchanged to Europe

LONDON: Saudi Arabia, the world's top crude exporter, will supply crude oil at full contracted volumes to one European
12 Mar 2012

oil-saudiLONDON: Saudi Arabia, the world's top crude exporter, will supply crude oil at full contracted volumes to one European oil firm and one international major as it did in March amid increasing concerns over Iranian oil supply to Europe, traders said on Monday.

"We have 100 percent of what we have as the contract volume," one trader said. "They keep supplying the same volume as before."

Copyright Reuters, 2012