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Update: Market Chatter: Saudi Aramco Reportedly Books Crude Orders from Two Chinese Buyers

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(Updates to add Saudi Aramco's statement)

Saudi Arabian Oil Co (SASE:2222), d/b/a Saudi Aramco, received orders for a total of 4 ​million barrels of crude for loading outside the Strait of Hormuz from two Chinese buyers, Reuters wrote Thursday, citing unnamed trade sources.

PetroChina and Sinochem reportedly each purchased 2 million barrels of Arab Medium ​and Arab Heavy crude cargoes, which the Saudi Arabian oil giant offered on Monday for delivery via ship-to-ship transfers off Fujairah in the United Arab ​Emirates.

Saudi Aramco declined to comment when reached by.

(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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