13.10.2008 - Saudi keeps Asia oil supply steady as prices dive
From Forbes: Saudi Arabia, the world's top crude oil exporter, will maintain shipments to key North Asian refiners unchanged next month, despite a dive in prices to below $80 for the first time in a year, sources said. While most refiners had expected the kingdom to keep their monthly supply allocations steady at full contractual volumes, the formal notice over the weekend follows last month's OPEC deal to trim output last month and growing anxiety among some members over the impact of the financial crisis on prices..... Full Article: Source
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