Sources: Aramco supplies full volumes of contracted crude to ‎Asian refineries in July

Several informed sources said today, Monday, that the giant Saudi oil company, Aramco, has informed at least five clients in North Asia that they will receive the full volumes of contracted crude oil in July, despite its pledge to implement a larger production cut starting next month.

According to Reuters, Saudi Arabia, the world’s largest oil exporter, pledged to cut production to nine million barrels per day in July from about ten million barrels per day in May.

According to Reuters, Saudi Arabia, the world’s largest oil exporter, pledged to cut production to nine million barrels per day in July from about ten million barrels per day in May.