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Saudi Aramco to supply more oil to Asia in January: sources

State oil giant is sticking to a strategy of maintaining market share

Published Fri, Nov 25, 2016 · 09:50 PM
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Singapore

STATE oil giant Saudi Aramco has agreed to supply some customers in Asia with incremental crude that will load in January, as it holds to a strategy of maintaining market share, three sources with knowledge of the matter said on Friday.

The decision by the world's top exporter to give extra oil came weeks before Saudi Aramco was due to notify customers of their monthly supply allocation. For January supplies, allocations would have been made only around Jan 10.

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