Saudi Arabia, the world’s top crude exporter, will supply full contracted volumes of crude oil to at least two Asian term buyers in August, unchanged from July, industry sources familiar with the matter said on Monday.
The move was expected as the OPEC kingpin has supplied full contractual volumes to most Asian buyers since late 2009.
via Reuters
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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