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Market Chatter: Saudi Aramco Assures European Buyers of Full September Oil Allocations

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Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, reportedly informed at least three crude buyers from Europe that they will receive their full contractual allocations for September, Bloomberg News reported Wednesday, citing people with knowledge of the matter.

Two oil refiners will receive their shipments from Egypt's Sidi Kerir port, and the third buyer was given the option to take delivery from Sidi Kerir, Saudi Arabia's Yanbu port, or a ship-to-ship transfer from Malta.

Aramco did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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