Saudis Set to Sell 600,000 Barrels a Day of Oil to U.S. in April

BLOOMBERG đź”’| Saudi Arabia is set to sell about 600,000 barrels a day of crude to the U.S. in April, the highest volume in a year, according to a Saudi industry official familiar with allocations to American refiners. The shipments, agreed with refiners as Saudi Arabia ramped up production to a record 12.3 million barrels a day this month, come at a moment when U.S. demand is sharply down due to lockdowns to slow the Covid-19 pandemic.


To read full article, click here (subscription required).


  • LinkedIn
  • Twitter

© 2020 Energen. This website represents a proof of concept of the future platform